Hydroelectric energy is a renewable energy source dependent upon the hydrologic cycle of water, which involves evaporation, precipitation and the flow of water due to gravity. Canada has abundant water resources and a geography that provides many opportunities to produce low-cost energy. In fact, accessing the energy from flowing waters has played an important role in the economic and social development of Canada for the past three centuries.
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A genetics company and a biodiesel refiner have formed a joint venture to see if they can cut the cost of biodiesel.
Sustainable Oil is a joint venture between Green Earth Fuels, an established biodiesel manufacturer from Texas, and Targeted Growth, which specializes in creating genetically enhanced plants. Targeted Growth has created a version of camelina, a distant relative of canola, with seeds that produce about 20 percent more oil than seeds from conventional plants, according to CEO Tom Todaro. The more oil that comes out of the seeds, the more fuel that can be produced. Additionally, camelina grows on marginal land, requires little water, and isn't eaten by humans.
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