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[Powering Canada](https://pitchbook.com/profiles/company/51278-86) With [Biofuel](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) Energy!
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There is a growing issue nowadays for the environment, and several nations have taken the effort to promote making use of sustainable energy to lessen humankind's effect on the planet. Canada is one such country taking the lead in green technologies, and using [biofuels](https://www.pinterest.com.au/missionnewenergy/) is one of the actions they have actually taken in turning into one of the world's leaders in the consumption of environmentally friendly fuels.
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Biofuels are [simply liquid](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) fuels manufactured from plant and animal products. Because this matter is naturally degradable, it is not only efficient in powering lorries and [heating](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) homes, however the waste is then absorbed when again into the earth, [supporting](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) new life able to provide future sustainable energy sources.
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Bioethanol, [typically](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) described as simply ethanol, is the most [common biofuel](https://www.bloomberg.com/profile/company/MNELF:US) presently in production. Canada's federal government has actually remembered of ethanol's potential as an alternative renewable resource and developed a plan needing gasoline to consist of 5% by the end of this year. The plan would also need [diesel fuels](https://www.google.com/search?kgmid=/m/0cqd_rb) to consist of a minimum of 2% [ethanol](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) by the end of 2012. As a matter of reality, the provincial federal government of Manitoba has actually taken a leadership role in the [biodiesel](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) industry by producing mandates requiring comparable portions as those devised by the federal government that will go into impact in 2010. This precedes the federal required by 2 years. Manitoba is [understood](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) for its meadow lands, the crops that grow there, and the animals that graze upon these crops. The amount of plant and animal products available for the production of biofuels is great. Manitoba has influenced the provincial federal [government](https://www.pinterest.com.au/missionnewenergy/) of British Columbia to adopt comparable methods.
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The [corporation](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) of [Raven Biofuels](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) Limited was developed to research study and establish innovations conducive to efficient and respected usage of biofuels throughout Canada, and they have determined British Columbia as a beginning point. Joining Raven Biofuels International Corporation (RBIC), their goal is to pay RBIC a charge providing them special rights to [biofuel](https://stocktwits.com/symbol/MNEL) advancement 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](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) or trust would emerge from this collaboration, the goal is to set an example and to provide guidance to other possible business ventures. [Municipalities](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) have actually partnered with British Columbia's provincial federal government to create the BC Bioenergy Strategy, which has actually currently gathered $25 million to fund a [Biofuel](https://www.google.com/search?kgmid=/m/0cqd_rb) Network focused on enhancing [biofuel](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) energy technology not just in [British](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) Columbia, however throughout Canada.
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