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Powering Canada With [Biofuel](https://www.google.com/search?kgmid=/m/0cqd_rb) Energy!
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There is a growing concern these days for the environment, and several nations have taken the effort to promote using eco-friendly energy to minimize mankind's effect on the world. Canada is one such country taking the lead in green technologies, and utilizing biofuels is one of the [actions](https://www.abnnewswire.net/companies/en/31347/%E0%B8%9A%E0%B8%A3%E0%B8%B4%E0%B8%A9%E0%B8%B1%E0%B8%97-Mission-NewEnergy-%E0%B8%88%E0%B8%B3%E0%B8%81%E0%B8%B1%E0%B8%94.html/4) they have taken in becoming one of the world's leaders in the consumption of eco-friendly fuels.
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Biofuels are merely liquid fuels produced from plant and [animal materials](https://www.abnnewswire.net/companies/en/31347/%E0%B8%9A%E0%B8%A3%E0%B8%B4%E0%B8%A9%E0%B8%B1%E0%B8%97-Mission-NewEnergy-%E0%B8%88%E0%B8%B3%E0%B8%81%E0%B8%B1%E0%B8%94.html/4). Because this matter is eco-friendly, it is not just capable of powering automobiles and [heating](https://pitchbook.com/profiles/company/51278-86) homes, however the waste is then taken in when again into the earth, new life able to [provide future](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) eco-friendly energy sources.
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Bioethanol, commonly described as just ethanol, is the most typical [biofuel](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) currently in production. Canada's federal government has born in mind of ethanol's potential as an alternative eco-friendly energy and created a plan needing gasoline to consist of 5% ethanol by the end of this year. The plan would also require diesel fuels to contain at least 2% ethanol by the end of 2012. As a matter of reality, the provincial federal government of Manitoba has taken a leadership role in the [biodiesel](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) market by producing requireds needing [comparable](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) percentages as those devised by the federal government that will enter into result in 2010. This precedes the federal mandate by two years. Manitoba is known for its [prairie](https://pitchbook.com/profiles/company/51278-86) lands, the crops that grow there, and the [animals](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) that graze upon these crops. The amount of plant and animal products available for the production of [biofuels](https://stocktwits.com/symbol/MNEL) is terrific. [Manitoba](https://forest500.org/rankings/companies/mission-newenergy-limited) has influenced the provincial federal government of British Columbia to [embrace](https://www.bloomberg.com/profile/company/MNELF:US) similar methods.
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The corporation of Raven Biofuels Limited was developed to research and develop innovations conducive to efficient and respected use of biofuels throughout Canada, and they have actually [recognized British](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) Columbia as a starting point. Joining Raven Biofuels [International Corporation](https://www.bloomberg.com/profile/company/MNELF:US) (RBIC), their goal is to [pay RBIC](https://www.google.com/search?kgmid=/m/0cqd_rb) a fee providing them exclusive rights to [biofuel advancement](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) in Canada. Their intent is to build the first commercial biorefinery and place it in Kamloops, British [Columbia](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html). Though it may seem as though a monopoly or trust would emerge from this partnership, the goal is to set an example and to offer assistance to other potential industrial endeavors. Municipalities have partnered with British Columbia's provincial government to produce the BC Bioenergy Strategy, which has currently amassed $25 million to money a [Biofuel](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) Network focused on enhancing [biofuel](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) energy innovation not simply in [British](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) Columbia, but throughout Canada.
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