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Nova Scotia could develop a biorefinery that produces a fossil fuel alternative made from renewable sources of fibre. The liquid biofuel could be used to heat houses and power boat engines.
Natural Resources Minister Lloyd Hines says it could make the forestry sector more competitive and spark economic growth.
The study was done by Nova Scotia's Innovation Hub.
It says the fibre could come from byproducts from forestry operations, farm crops, and municipal solid waste sources.
The hub is funded by Emera, the Atlantic Canada Opportunities Agency and the province of Nova Scotia.
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