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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 [nowadays](https://www.businessnews.com.au/Company/Mission-NewEnergy) for the environment, and several countries have taken the effort to promote using renewable energy to lessen [humankind's](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) effect on the planet. Canada is one such [country](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) taking the lead in green technologies, and [utilizing biofuels](https://pitchbook.com/profiles/company/51278-86) is one of the steps they have actually taken in turning into one of the world's leaders in the consumption of eco-friendly fuels.<br> |
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<br>Biofuels are merely [liquid fuels](https://stocktwits.com/symbol/MNEL) made from plant and animal materials. Because this matter is eco-friendly, it is not just capable of powering automobiles and heating homes, but the waste is then taken in as soon as again into the earth, supporting brand-new life able to [offer future](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) renewable energy sources.<br> |
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<br>Bioethanol, typically referred to as just ethanol, is the most common [biofuel](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) presently in production. [Canada's federal](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) government has kept in mind of ethanol's capacity as an alternative renewable resource and [developed](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) a plan needing fuel to consist of 5% ethanol by the end of this year. The strategy would also need [diesel fuels](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) to consist of a minimum of 2% ethanol by the end of 2012. As a matter of truth, the provincial federal government of Manitoba has taken a management role in the [biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) market by developing mandates requiring similar portions as those created by the federal government that will go into impact in 2010. This precedes the federal required by 2 years. Manitoba is known for its meadow lands, the crops that grow there, and the animals that graze upon these crops. The amount of plant and animal products readily available for the production of biofuels is excellent. Manitoba has influenced the provincial government of [British Columbia](https://www.pinterest.com.au/missionnewenergy/) to adopt similar methods.<br> |
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<br>The corporation of Raven Biofuels Limited was established to research study and establish innovations favorable to effective and prolific usage of [biofuels](https://www.businessnews.com.au/Company/Mission-NewEnergy) throughout Canada, and they have actually identified British Columbia as a starting point. Joining Raven Biofuels International Corporation (RBIC), their goal is to pay RBIC a charge offering them [special](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) rights to [biofuel development](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) in Canada. Their intent is to develop the very first business biorefinery and it in Kamloops, [British Columbia](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd). Though it might seem as though a [monopoly](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) or trust would emerge from this collaboration, the goal is to set an example and to supply guidance to other possible industrial endeavors. Municipalities have partnered with British Columbia's provincial government to create the BC Bioenergy Strategy, which has already garnered $25 million to fund a [Biofuel](https://stocktwits.com/symbol/MNEL) Network [focused](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) on enhancing [biofuel](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) energy technology not just in British Columbia, however throughout Canada.<br> |
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