$19M biofuel facility to be constructed in Canada

05/13/2013 | Energy Business Review

The Canadian government, through the National Research Council of Canada, signed a three-year deal with Canadian Natural Resources and Pond Biofuels to construct a $19 million biofuel facility in Alberta, Canada. The plant will use algae to convert oil sands greenhouse-gas emissions into biofuels. Canada will give $9.5 million for the project, and the two firms will shoulder the remainder.

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