From 9495d1d04f3a437314e1667acfbd9aea31d7bc7d Mon Sep 17 00:00:00 2001 From: Gisele Dutton Date: Sun, 12 Jan 2025 07:36:10 +0000 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..b30c9e1 --- /dev/null +++ b/Clean-Getaway%3A-Meat-Waste-Joins-Biofuels-At-Luxury-Jet-Show.md @@ -0,0 +1,24 @@ +
By Allison Lampert
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LAS VEGAS, Oct 22 (Reuters) - At the world's greatest market program in Las Vegas luxury jets are luring buyers with their streamlined shapes, luxurious cabins - and progressively, their use of alternative fuels.
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Fuel producers and [jetmakers](https://www.zoominfo.com/c/mission-newenergy/346542889) are keen to display unique types of air travel fuel deemed less harmful to the climate, from utilized cooking oil to the distinctly less attractive meat waste.
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Business jet operators, like airline companies, have bowed to ecological pressure on air travel and committed to halving carbon emissions by 2050 compared to 2005.
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Their hope is that adopting sustainable fuel to [suppress emissions](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) could make service jets more appealing to [ecologically conscious](https://www.bloomberg.com/profile/company/MNELF:US) purchasers - especially [corporations facing](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) concerns over sustainability from shareholders or green project groups.
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The schedule of less [polluting private](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) jets could likewise spare the rich and popular the negative promotion experienced by [Britain's Prince](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) Harry and his spouse Meghan over a current private jet journey to southern France.
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Five [Gulfstream jets](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) on screen in Las Vegas are utilizing California-produced fuel from inedible beef tallow.
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The newest waste-based fuels include "fats, grease and oils that are by-products of the food industry," stated Bryan Sherbacow, primary commercial officer of Boston-based [biofuel](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) manufacturer World Energy, which produces fuel from meat waste used by Gulfstream.
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"All of our product is inedible."
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A few of the other 79 aircraft on display are anticipated to be powered by 150,000 gallons of other [renewable fuel](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) blends expected to be pumped at the show.
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FLIGHT SHAMING
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Private jets represent less than 0.1% of total annual carbon emissions worldwide, however can produce, usually, approximately 20 times more carbon emissions per guest mile than jetliners, according to the London-based private charter firm Victor.
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Prince Harry has actually protected his periodic use of [private jets](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) to ensure his family's safety, and has said that on the unusual events he does not fly commercially he offsets his emissions.
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But planemakers say events such as the furore over his travel plan have included fresh obstacles for an industry already aiming to justify its contribution to cutting corporate costs.
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"Incidents of flight shaming including making use of private jets are regrettable when you think about that our market has actually provided fuel effectiveness enhancements of 40% over the previous 40 years," said Bombardier Aviation President David Coleal.
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Bombardier thinks increased sustainable fuel usage will assist the market make inroads with corporations and wealthy buyers. According to market data, [billionaires](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) just have a 19% organization jet ownership rate.
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But even an image [transformation -](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) with jets sporting sticker labels like "this aircraft flies on sustainable fuels" and organisers including alternative fuel pumps for visiting aircrafts - is unlikely to satisfy all critics at the Oct 22-24 [high-end jet](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) occasion.
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Environmentalists and some analysts remain doubtful that biojetfuels, generally mixed 50-50 with kerosene, will make a considerable influence on public [understandings](https://www.google.com/search?kgmid=/m/0cqd_rb) about [high-end](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) travel.
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"No amount of [jatropha curcas](https://www.google.com/search?kgmid=/m/0cqd_rb) or Brazil-nut fuel can make business jets look eco-friendly," stated air travel analyst Richard Aboulafia.
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Demand from company jet operators for sustainable fuels now far supply and their interest could [drive future](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) production, Sherbacow said.
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World Energy, which [produces](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) 40 million gallons of [biofuel](https://stocktwits.com/symbol/MNEL) at its California plant, could broaden production as much as 150 million gallons by 2022.
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Corporate charter business and specialists are also seeing more interest from [customers](https://www.zoominfo.com/c/mission-newenergy/346542889) who wish to buy carbon credits to balance out emissions from their flights.
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Brian Proctor, CEO of Mente Group, a U.S. consultancy, stated emissions contributed in a business jet utilization study his company recently finished for a [Fortune](https://www.bloomberg.com/profile/company/MNELF:US) 500 company.
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"At the end of the day, I believe that price, expense per hour, range, speed and performance, that's still the (sales) motorist. But I believe people are becoming more aware of the sustainability of operations and how it affects the world." (Reporting By Allison Lampert, Editing by Tim Hepher and Alexandra Hudson)
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