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[Powering Canada](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) With [Biofuel](https://stocktwits.com/symbol/MNEL) Energy!
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There is a [growing concern](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) these days for the environment, and [numerous nations](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) have taken the effort to promote using renewable resource to minimize humankind's influence on the world. Canada is one such nation taking the lead in green technologies, and utilizing biofuels is one of the steps they have actually taken in becoming one of the world's leaders in the intake of environmentally friendly fuels.
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Biofuels are merely liquid fuels made from plant and animal products. Because this matter is naturally degradable, it is not just in powering automobiles and heating homes, however the waste is then absorbed when again into the earth, supporting new life able to provide future renewable resource [sources](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).
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Bioethanol, typically referred to as just ethanol, is the most typical [biofuel](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) currently in production. Canada's federal government has taken note of ethanol's potential as an alternative sustainable energy and produced a plan requiring fuel to contain 5% ethanol by the end of this year. The plan would also require diesel fuels to contain at least 2% [ethanol](https://www.bloomberg.com/profile/company/MNELF:US) by the end of 2012. As a matter of reality, the provincial government of Manitoba has taken a management function in the [biodiesel](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) industry by producing requireds requiring similar percentages as those created by the federal government that will go into impact in 2010. This precedes the federal required by two years. Manitoba is [understood](https://pitchbook.com/profiles/company/51278-86) for its [grassy field](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) lands, the crops that grow there, and the [animals](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) that graze upon these crops. The amount of plant and animal products offered for the production of [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) is great. Manitoba has actually [influenced](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) the provincial government of British Columbia to embrace similar strategies.
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The corporation of Raven Biofuels Limited was established to research and establish technologies favorable to efficient and respected usage of biofuels throughout Canada, and they have recognized British Columbia as a starting point. Joining Raven Biofuels International Corporation (RBIC), their goal is to pay RBIC a cost [providing](https://forest500.org/rankings/companies/mission-newenergy-limited) them [special](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) rights to [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) advancement in Canada. Their intent is to construct the very first commercial biorefinery and place it in Kamloops, British [Columbia](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). Though it might appear as though a [monopoly](https://www.crunchbase.com/organization/mission-newenergy) or trust would emerge from this collaboration, the objective is to set an example and to supply guidance to other possible commercial ventures. [Municipalities](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) have actually partnered with British Columbia's provincial federal government to create the BC Bioenergy Strategy, which has already gathered $25 million to money a [Biofuel](https://stocktwits.com/symbol/MNEL) Network focused on furthering [biofuel](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) energy technology not just in British Columbia, however throughout Canada.
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