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<br>Powering Canada With [Biofuel](https://stocktwits.com/symbol/MNEL) Energy!<br> |
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<br>There is a [growing issue](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) nowadays for the environment, and numerous countries have taken the [initiative](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) to promote making use of renewable resource to minimize humankind's influence on the planet. Canada is one such country taking the lead in green technologies, and utilizing biofuels is among the actions they have taken in turning into one of the world's leaders in the intake of [environmentally friendly](https://www.businessnews.com.au/Company/Mission-NewEnergy) fuels.<br> |
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<br>Biofuels are just liquid fuels manufactured from plant and animal products. Because this matter is naturally degradable, it is not only capable of powering lorries and [heating](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) homes, but the waste is then taken in once again into the earth, nurturing new life able to offer future [renewable resource](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) sources.<br> |
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<br>Bioethanol, typically referred to as simply ethanol, is the most typical biofuel in production. [Canada's federal](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) government has remembered of ethanol's potential as an alternative renewable resource and [produced](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) a plan needing fuel to include 5% ethanol by the end of this year. The strategy would likewise require diesel fuels to include a minimum of 2% ethanol by the end of 2012. As a matter of reality, the [provincial government](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) of Manitoba has taken a leadership function in the [biodiesel](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) market by creating requireds requiring comparable percentages as those designed by the federal government that will enter into result in 2010. This precedes the federal required by 2 years. [Manitoba](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) is known for its [prairie](https://www.businessnews.com.au/Company/Mission-NewEnergy) lands, the crops that grow there, and the animals that graze upon these crops. The amount of plant and [animal products](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) offered for the production of biofuels is fantastic. Manitoba has actually inspired the provincial federal government of British Columbia to embrace [comparable strategies](https://www.crunchbase.com/organization/mission-newenergy).<br> |
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<br>The corporation of Raven Biofuels Limited was established to research and develop technologies conducive to effective and respected usage of biofuels throughout Canada, and they have determined British Columbia as a starting point. Joining Raven Biofuels International Corporation (RBIC), their goal is to pay RBIC a fee offering them [special](https://forest500.org/rankings/companies/mission-newenergy-limited) rights to [biofuel advancement](https://pitchbook.com/profiles/company/51278-86) in Canada. Their intent is to develop the first industrial biorefinery and location it in Kamloops, British Columbia. Though it may appear as though a monopoly or trust would emerge from this partnership, the [objective](https://www.businessnews.com.au/Company/Mission-NewEnergy) is to set an example and to offer guidance to other potential [business undertakings](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053). Municipalities have [partnered](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) with British Columbia's provincial federal government to produce the BC Bioenergy Strategy, which has already gathered $25 million to fund a [Biofuel](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) Network focused on furthering [biofuel energy](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) technology not just in British Columbia, however throughout Canada.<br> |
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