Bad??? It looks really good.
Got a flyer in the mail from Jason Kenney who is my MP today.
"Canada is an emerging energy superpower. Our real challenge is to be a clean energy superpower...increase our use of renewable energy and we need the science and technology to make conventional energy cleaner.
...announced three initiatives aimed at addressing important sources of emissions and air pollutants and promoting the use of less energy and the use of cleaner energy. We are investing in clean energy technology, increasing renewable energy supplies, and energy efficiency improvements to homes and businesses.
New technologies are the key to solving two of our biggest environmental challenges - air pollution and greenhouse gas emissions...To meet them we need to develop the technologies of the future that will focus on key priorities, such as CO2 sequestration, carbon capture and storage and clean oil sands production.
...investing $230 million over 4 years to the ecoENERGY Technology Initiative.
...Renewable energy will be a growing part of Canada's energy mix and our investment of $1.5 billion will deliver real progress now in improving air quality...
...Canadians will now be able to access financial and other support measures through the ecoENERGY Efficiency Initiative."
Bought a financial stock last week and a REIT today - now the old man thinks the earth is spinning off it's axis.
Came across this morning and picked a little up just in case it actually starts one of their projects. First ethanol stock I have come across, lots of plans, no idea how they intend to accomplish any of this. WWF on the adventure.
Winfield to apply for two oil refineries
2007-03-05 03:56 MT - News Release
Mr. Robert Foley reports
WINFIELD RESOURCES LIMITED: MARCH REVIEW
Zarzis, Tunisia
Winfield Resources Ltd. has been invited by the Tunisian authority to present its application to build, own and operate a 300,000-barrel-per-day oil refinery in the Zarzis tax-free zone. Contingent to regulatory acceptance Winfield has negotiated crude oil feedstock contracts with Sonatrach, the Algerian state oil company. Winfield has arranged 100-per-cent debt financing subject to certain performance covenants. Winfield will be represented by president, Robert Michael Foley, Dr. Danilo Mancin, vice-president North Africa, and David McClement, PEng, consulting combustion engineer, March 8 to March 15, 2007.
Tripoli, Libya
Winfield has been invited by the National oil company to present its application to build, own and operate a 300,000-barrel-per-day oil refinery in the Zawarah tax-free zone. Winfield will be represented by Mr. Foley, Dr. Mancin and Mr. McClement, March 16 to March 21, 2007.
Winfield will also explore other refinery related investment opportunities, including an ownership position in the Azzawiya refinery.
High level Alberta ethanol -- feedlot facility
Winfield awaits a March, 2007, feasibility report from TDI Technology on a proposed new 20-million-litre-per-year integrated ethanol-feedlot facility. Winfield has received three expressions of interest to finance this particular facility and other similar facilities based on the integrated ethanol-feedlot model.
Northern British Columbia ethanol facility
Winfield's consultancy, TDI Technology Inc., has concluded its successful due diligence on a particular technology licence that uses wood waste as its feed stock to create fuel ethanol. Winfield will now engage TDI Technology Inc., to prepare a full feasibility report on a wood waste to ethanol facility for a Northern British Columbia location. Project finance is in place pending acceptance of the full feasibility report.
East Africa
Winfield has made application through its consultant TDI Technology to a certain European African Development Fund for a non-refundable grant to finance a renewable sustainable fuel ethanol facility using indigenous feed stocks. The fund is in accord with the application. Final acceptance requires the approval of the Rwandan government. A summit has been arranged for March 23 to 30, 2007, to consummate the deal within the transparency requirements of the fund. Winfield is seeking finance to build a 45-million-litre-per-year fuel ethanol facility. Existing facilities of this size or greater are currently in commercial production in Thailand.
We seek Safe Harbor.
K.D.
AI
