Americas News
Nova Scotia Holds "Strong Potential" for Biofuel Production, Says Canadian Provincial Government
The Government of Nova Scotia says a new study released Thursday by the Innovation Hub suggests the Canadian province presents "strong potential" to produce alternative fuel from renewable sources, including wood chips and tree bark, for use as fuel in ships, among other uses.
"Developing a biofuel sector in our province will give us an innovative alternative to fossil fuels and spark economic growth," said Lloyd Hines, Nova Scotia's Minister of Natural Resources.
"This is an exciting step toward increased competitiveness in the forest sector over the long term."
The Innovation Hub, which was launched a year ago to boost the competitiveness of Nova Scotia's forestry and resource sectors, works to attract investors, identify markets, and support the government in developing related regulation.
The Innovation Hub is supported by $1.67 million in funding provided by Emera, the Government of Canada's Atlantic Canada Opportunities Agency (ACOA), and the province of Nova Scotia.
"Taking action on climate change and reducing carbon pollution go hand-in-hand with building a strong and sustainable Atlantic economy," said Navdeep Bains, Minister of Innovation, Science and Economic Development.
"By working together, we are committed to promoting clean growth, and driving innovation to transition to a low-carbon economy particularly in Atlantic Canada's resources based-industries."
In September, Ship & Bunker reported that Dutch dredging company Royal Boskalis Westminster N.V. (Boskalis) had successfully tested a new wood-based biofuel.
