From b5666a01024ebe04f35958bc8d83877e8a0bfb5b Mon Sep 17 00:00:00 2001 From: Rosa Whitman Date: Sat, 18 Jan 2025 11:54:40 +0800 Subject: [PATCH] Add Clean Getaway: Meat Waste Joins Biofuels At Luxury Jet Show --- ...Waste-Joins-Biofuels-At-Luxury-Jet-Show.md | 24 +++++++++++++++++++ 1 file changed, 24 insertions(+) create mode 100644 Clean-Getaway%3A-Meat-Waste-Joins-Biofuels-At-Luxury-Jet-Show.md diff --git a/Clean-Getaway%3A-Meat-Waste-Joins-Biofuels-At-Luxury-Jet-Show.md b/Clean-Getaway%3A-Meat-Waste-Joins-Biofuels-At-Luxury-Jet-Show.md new file mode 100644 index 0000000..970bf4b --- /dev/null +++ b/Clean-Getaway%3A-Meat-Waste-Joins-Biofuels-At-Luxury-Jet-Show.md @@ -0,0 +1,24 @@ +
By [Allison](https://www.pinterest.com.au/missionnewenergy/) Lampert
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LAS VEGAS, Oct 22 (Reuters) - At the world's biggest industry show in Las Vegas high-end jets are drawing purchasers with their streamlined shapes, [plush cabins](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) - and increasingly, their use of alternative fuels.
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Fuel manufacturers and [jetmakers](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) are keen to display novel forms of aviation fuel deemed less harmful to the environment, from used [cooking oil](https://pitchbook.com/profiles/company/51278-86) to the distinctly less glamorous meat waste.
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Business jet operators, like airlines, have actually acquiesced environmental pressure on air travel and devoted to cutting in half carbon emissions by 2050 compared to 2005.
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Their hope is that embracing eco-friendly fuel to curb emissions might make company jets more appealing to ecologically conscious purchasers - especially corporations dealing with questions over [sustainability](https://www.google.com/search?kgmid=/m/0cqd_rb) from investors or green campaign groups.
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The accessibility of less polluting personal jets might likewise spare the rich and popular the negative promotion experienced by Britain's Prince Harry and his partner Meghan over a recent private jet trip to southern France.
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Five Gulfstream jets on screen in Las Vegas are using [California-produced fuel](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) from inedible beef tallow.
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The newest waste-based fuels include "fats, grease and oils that are byproducts of the food market," stated Bryan Sherbacow, primary industrial officer of Boston-based [biofuel](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) producer World Energy, which produces fuel from meat waste used by Gulfstream.
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"All of our item is inedible."
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Some of the other 79 aircraft on display screen are expected to be powered by 150,000 gallons of other eco-friendly fuel [blends expected](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) to be pumped at the show.
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FLIGHT SHAMING
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[Private jets](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) account for less than 0.1% of total yearly carbon emissions globally, but can emit, usually, approximately 20 times more carbon emissions per traveler mile than jetliners, according to the London-based private charter company Victor.
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Prince Harry has actually [safeguarded](https://www.pinterest.com.au/missionnewenergy/) his periodic usage of private jets to ensure his household's safety, and has actually said that on the unusual events he does not fly commercially he offsets his emissions.
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But planemakers say incidents such as the furore over his travel plan have actually included fresh difficulties for a market already aiming to justify its contribution to cutting business expenses.
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"Incidents of flight shaming involving making use of personal jets are regrettable when you think about that our industry has provided fuel performance enhancements of 40% over the previous 40 years," said [Bombardier Aviation](https://www.crunchbase.com/organization/mission-newenergy) President [David Coleal](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html).
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Bombardier thinks increased sustainable fuel usage will help the market make inroads with corporations and rich buyers. According to industry information, billionaires only have a 19% business jet ownership rate.
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But even an image remodeling - with jets sporting stickers like "this aircraft flies on renewable fuels" and organisers adding alternative fuel pumps for checking out aircrafts - is not likely to please all critics at the Oct 22-24 high-end jet occasion.
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Environmentalists and some experts remain hesitant that biojetfuels, generally combined 50-50 with kerosene, will make a substantial effect on [public understandings](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) about high-end travel.
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"No amount of [jatropha curcas](https://www.businessnews.com.au/Company/Mission-NewEnergy) or Brazil-nut fuel can make company jets look eco-friendly," stated aviation analyst Richard Aboulafia.
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Demand from [organization jet](https://www.google.com/search?kgmid=/m/0cqd_rb) operators for renewable fuels now far exceeds supply and their interest could drive future production, Sherbacow stated.
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World Energy, which produces 40 million [gallons](https://www.businessnews.com.au/Company/Mission-NewEnergy) of [biofuel](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) at its California plant, could broaden production as much as 150 million gallons by 2022.
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Corporate charter business and consultants are also seeing more interest from who desire to purchase carbon credits to offset emissions from their [flights](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm).
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Brian Proctor, CEO of Mente Group, a U.S. consultancy, [stated emissions](https://www.abnnewswire.net/companies/en/31347/%E0%B8%9A%E0%B8%A3%E0%B8%B4%E0%B8%A9%E0%B8%B1%E0%B8%97-Mission-NewEnergy-%E0%B8%88%E0%B8%B3%E0%B8%81%E0%B8%B1%E0%B8%94.html/4) played a role in a business jet utilization research study his [business](https://www.bloomberg.com/profile/company/MNELF:US) just recently completed for a Fortune 500 business.
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"At the end of the day, I think that rate, cost per hour, variety, speed and performance, that's still the (sales) driver. But I believe people are becoming more familiar with the sustainability of operations and how it impacts the world." (Reporting By Allison Lampert, Editing by [Tim Hepher](https://pitchbook.com/profiles/company/51278-86) and Alexandra Hudson)
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