From b24f033d89f7b46aa39de696272391d772964eef Mon Sep 17 00:00:00 2001 From: Lorena Mckinney Date: Sat, 11 Jan 2025 09:50:20 +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..4abb186 --- /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 biggest market program in Las Vegas high-end jets are [drawing buyers](https://stocktwits.com/symbol/MNEL) with their sleek silhouettes, [plush cabins](https://www.pinterest.com.au/missionnewenergy/) - and progressively, their usage of alternative fuels.
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Fuel manufacturers and jetmakers are eager to display unique forms of [aviation fuel](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) deemed less hazardous to the environment, from utilized cooking oil to the noticeably less glamorous meat waste.
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Business jet operators, like [airline](https://www.pinterest.com.au/missionnewenergy/) companies, have actually bowed to ecological pressure on air travel and [dedicated](https://forest500.org/rankings/companies/mission-newenergy-limited) to cutting in half carbon emissions by 2050 [compared](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) to 2005.
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Their hope is that embracing renewable fuel to suppress emissions could make organization jets more appealing to [ecologically mindful](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) [buyers -](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) especially corporations dealing with concerns over sustainability from investors or green project groups.
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The availability of less polluting personal jets might also spare the rich and well-known the negative publicity experienced by Britain's Prince Harry and his spouse Meghan over a recent personal jet journey to southern France.
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Five [Gulfstream](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) jets on screen in Las Vegas are using California-produced fuel from [inedible beef](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) tallow.
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The current waste-based fuels consist of "fats, grease and oils that are byproducts of the food market," stated Bryan Sherbacow, chief business officer of Boston-based [biofuel](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) 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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A few of the other 79 airplane on screen are expected to be powered by 150,000 gallons of other eco-friendly fuel mixes anticipated to be pumped at the show.
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FLIGHT SHAMING
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Private jets account for less than 0.1% of total yearly carbon emissions worldwide, but can produce, typically, as much as 20 times more carbon emissions per guest mile than jetliners, according to the London-based personal charter company Victor.
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Prince Harry has protected his periodic usage of [private](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) jets to ensure his household's safety, and has said that on the unusual occasions he does not fly commercially he offsets his emissions.
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But planemakers say events such as the furore over his schedule have actually included fresh [obstacles](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) for a market already aiming to validate its contribution to cutting business expenses.
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"Incidents of flight shaming involving making use of personal jets are unfortunate when you think about that our industry has actually provided fuel effectiveness improvements of 40% over the previous 40 years," said Bombardier Aviation President David Coleal.
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Bombardier believes increased [sustainable fuel](https://forest500.org/rankings/companies/mission-newenergy-limited) use will assist the industry make inroads with [corporations](https://pitchbook.com/profiles/company/51278-86) and wealthy purchasers. According to industry data, billionaires only have a 19% company jet ownership rate.
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But even an image transformation - with jets sporting sticker labels like "this airplane flies on sustainable fuels" and organisers adding alternative fuel pumps for - is unlikely to satisfy all critics at the Oct 22-24 high-end jet event.
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Environmentalists and some experts stay hesitant that biojetfuels, generally combined 50-50 with kerosene, will make a considerable effect on public understandings about [high-end](https://www.google.com/search?kgmid=/m/0cqd_rb) travel.
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"No quantity of [Jatropha](https://www.businessnews.com.au/Company/Mission-NewEnergy) or Brazil-nut fuel can make business jets look eco-friendly," said air travel expert [Richard Aboulafia](https://pitchbook.com/profiles/company/51278-86).
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Demand from organization jet operators for [eco-friendly fuels](https://www.google.com/search?kgmid=/m/0cqd_rb) now far goes beyond supply and their interest could drive future production, Sherbacow said.
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World Energy, which produces 40 million gallons of [biofuel](https://forest500.org/rankings/companies/mission-newenergy-limited) at its California plant, might broaden production up to 150 million gallons by 2022.
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Corporate charter companies and specialists are also seeing more interest from consumers who desire to [purchase carbon](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) credits to balance out emissions from their flights.
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Brian Proctor, CEO of Mente Group, a U.S. consultancy, said emissions played a role in a corporate jet utilization study his company just recently completed for a Fortune 500 company.
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"At the end of the day, I believe that cost, expense per hour, range, speed and efficiency, that's still the (sales) chauffeur. But I think people are becoming more familiar with the sustainability of operations and how it impacts the planet." (Reporting By Allison Lampert, Editing by Tim Hepher and Alexandra Hudson)
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