TASMANIAN biotechnology company, Marinova will be receiving $107,000 from the Rudd government to help reduce its greenhouse gas emissions and halve its current water usage.
The funding comes as part of the government’s Re-tooling for Climate Change program, which assists businesses reduce their environmental footprint by improving their producing processes.
“Installing a reverse osmosis plant and heat pump heating system will reduce Marinova’s total energy use by 25% per kilogram of product,” Minister for Innovation and Industry, Richard Marles says.
“The company estimates that annually this initiative will reduce total energy use by 92,000 kilowatt hours, greenhouse gas emissions by 21 tonnes of CO2 equivalent, and recycle 50 per cent of current process water with savings of nearly one megalitre.”
According to the federal government, the new water recycling and heating systems will help strengthen Marinova’s environmental values.
“And it’s great that they are also committed to making improvements that value the environment and contribute to reducing our carbon footprint,” Marles says.
Add a comment