From 4fecd596f32ef2ec29d477f14ba676178eae2a66 Mon Sep 17 00:00:00 2001 From: Stuart Reyna Date: Sat, 18 Jan 2025 08:12:36 +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..4f342ee --- /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 most significant market show in Las jets are tempting purchasers with their streamlined shapes, [plush cabins](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) - and significantly, their use of alternative fuels.
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Fuel producers and jetmakers are eager to display unique forms of air travel fuel deemed less hazardous to the environment, from used cooking oil to the noticeably less attractive meat waste.
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Business jet operators, like airlines, have acquiesced ecological pressure on [aviation](https://stocktwits.com/symbol/MNEL) and devoted to cutting in [half carbon](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) emissions by 2050 compared to 2005.
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Their hope is that adopting eco-friendly fuel to suppress emissions might make service jets more attractive to ecologically conscious buyers - specifically corporations facing concerns over sustainability from [investors](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) or green project groups.
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The [accessibility](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) of less contaminating personal jets might likewise spare the abundant and famous the unfavorable promotion experienced by [Britain's Prince](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) Harry and his partner Meghan over a recent personal jet journey to southern France.
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Five Gulfstream jets on [display](https://forest500.org/rankings/companies/mission-newenergy-limited) screen in Las Vegas are utilizing California-produced fuel from inedible beef tallow.
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The most recent waste-based fuels consist of "fats, grease and oils that are by-products of the food market," stated Bryan Sherbacow, chief 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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Some of the other 79 aircraft on display are anticipated to be powered by 150,000 gallons of other sustainable fuel mixes expected 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 overall yearly carbon emissions worldwide, but can give off, usually, up to 20 times more carbon emissions per passenger mile than jetliners, according to the London-based private charter company Victor.
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[Prince Harry](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) has safeguarded his periodic use of private jets to guarantee his household's safety, and has actually said that on the uncommon events he does not fly commercially he offsets his emissions.
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But planemakers state occurrences such as the furore over his itinerary have actually [included fresh](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) [obstacles](https://www.crunchbase.com/organization/mission-newenergy) for a market already [striving](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) to justify its [contribution](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) to cutting business expenses.
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"Incidents of flight shaming involving using private jets are regrettable when you consider that our market has delivered fuel effectiveness enhancements of 40% over the previous 40 years," said Bombardier Aviation [President](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) David Coleal.
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Bombardier thinks [increased sustainable](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) fuel use will help the industry make inroads with corporations and [wealthy buyers](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/). According to market information, billionaires only have a 19% [service jet](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) ownership rate.
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But even an image transformation - with jets sporting stickers like "this airplane flies on sustainable fuels" and organisers adding alternative fuel pumps for visiting aircrafts - is not likely to please all critics at the Oct 22-24 luxury jet event.
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Environmentalists and some analysts remain hesitant that biojetfuels, usually mixed 50-50 with kerosene, will make a significant influence on public understandings about high-end travel.
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"No amount of [Jatropha](https://pitchbook.com/profiles/company/51278-86) 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 eco-friendly fuels now far goes beyond supply and their interest might drive future production, Sherbacow stated.
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World Energy, which produces 40 million gallons of [biofuel](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) at its California plant, could broaden production approximately 150 million gallons by 2022.
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Corporate charter companies and experts are likewise seeing more interest from clients who wish to buy carbon [credits](https://www.google.com/search?kgmid=/m/0cqd_rb) to offset emissions from their [flights](https://www.investing.com/equities/mission-newenergy-ltd-company-profile).
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Brian Proctor, CEO of Mente Group, a U.S. consultancy, said emissions contributed in a corporate jet usage research study his business recently completed for a Fortune 500 business.
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"At the end of the day, I believe that rate, cost per hour, variety, speed and efficiency, that's still the (sales) driver. But I believe people are becoming more aware of the sustainability of operations and how it impacts the world." (Reporting By Allison Lampert, Editing by Tim Hepher and Alexandra Hudson)
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