Sustainability
At Provectus Biofuels we believe in building local Sustainable Communities
According Justin Trudeau, Prime Minister of Canada’s website November 2021. (https://pm.gc.ca/en/news/news-releases/2021/11/01/prime-minister-trudeau-announces-enhanced-and-ambitious-climate)
- Canada is the fourth largest producer and third largest exporter of oil in the world. The oil and gas sector is the largest contributor to Canada’s greenhouse gas emissions, accounting for about 25 per cent of total emissions.
- n 2020, Canada released its strengthened climate plan, A Healthy Environment and a Healthy Economy, to accelerate emissions reductions and build a stronger, cleaner, more resilient and inclusive economy, putting in place some of the actions Canada will take to reach to net-zero emissions by 2050
According to Canada Action, Canada’s Natural Resource sector already enjoys a world-leading record for overall environmental, social and governance (ESG) performance.
Provectus Biofuels’ philosophy is to not only be environmentally conscious but socially conscious of it’s actions. These attributes are built it to our company’s Business Plan.
This is why using biomass such as logging waste and other sources to create a clean green gasoline solution not only is a great idea, but also has so many benefits to the overall environment. Our renewable green gasoline will help push Canada into the forefront of green energy and the green gasoline industry.
At Provectus we believe in building local Sustainable Communities. This means more than just protecting the air we breathe with our renewable low carbon Gasoline. It means partnering with local groups in the community who believe that sustainable local industry fosters healthy communities.
Sustainable local industry can provide communities with better protection against supply chain disruptions and market price fluctuations that have been devastating for small one-industry towns in the past.
Our renewable low carbon gasoline project not only produces clean gasoline, but also produces numerous green by-products for use locally such as clean water, heat, and electricity. These additional by-products can supply many ancillary business opportunities to the community. Year-round greenhouse food production is just one great example which brings even more jobs and helps meet local supply chain needs.
Sustainability also means partnering with Municipal, Provincial, Territorial, and Federal governments who have recognized the need for change in the energy sector and need the private sector to do their part. Our plan includes support and partnerships with First Nations who are the legacy stewards of the environment and forests in Canada. Provectus believes all these forces have converged at the right time to take Canada into a cleaner and safer future.
Carbon Cycle Overview
Current Expectations
In 2020, The Government of Canada released its plan, “A Healthy Environment and a Healthy Economy”, to build a stronger, cleaner, more resilient and inclusive economy, putting in place some of the actions Canada will take to reach to its net-zero target by 2050.
After returning from the UN’s COP26 climate talks in Glasgow, U.K., The Prime Minister made strong statements and promises about the direction of the the economy and the focus on carbon credits. This view is supported by all 5 of the major Federal parties in Canada. The Department of Natural Resources has created many programs to support this approach in the area of biofuels.
The BC government’s Clean BC Act echos these sentiments and objectives with aggressive targets and timelines for their low-carbon fuel standards. All levels of government are focused on these sustainable regulations.
Provectus is well positioned with these objectives to meet the needs and targets set forth at the Federal and provincial levels.
Provectus Biofuels’ philosophy is to not only be environmentally conscious but socially conscious on a community level. These attributes are built into our company’s business model. Using biomass such as logging waste, and forest residue to create a clean gasoline solution – we are not only protecting the environment and creating sustainable local jobs and other spin-offs, but we are are also utilizing the waste to clean up the forests instead of burning large slash piles. These actions promote healthy forests and can reduce the chances of devastating forest fires.