From 1fab753760bbdebc9e376983ebb04449bd1f4e29 Mon Sep 17 00:00:00 2001 From: Frances Lent Date: Sun, 12 Jan 2025 05:49:06 +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..4dfb1d8 --- /dev/null +++ b/Clean-Getaway%3A-Meat-Waste-Joins-Biofuels-At-Luxury-Jet-Show.md @@ -0,0 +1,24 @@ +
By [Allison](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) Lampert
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LAS VEGAS, Oct 22 (Reuters) - At the world's biggest industry program in Las Vegas high-end jets are luring purchasers with their streamlined silhouettes, plush cabins - and increasingly, their use of [alternative fuels](https://forest500.org/rankings/companies/mission-newenergy-limited).
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Fuel producers and [jetmakers](https://www.crunchbase.com/organization/mission-newenergy) are eager to showcase novel kinds of air travel fuel deemed less damaging to the climate, from used cooking oil to the distinctly less attractive meat waste.
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Business jet operators, like airlines, have actually acquiesced environmental pressure on air travel and committed to halving carbon emissions by 2050 compared with 2005.
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Their hope is that embracing sustainable fuel to curb emissions might make [business](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) jets more appealing to environmentally conscious - specifically corporations facing questions over [sustainability](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) from investors or green project groups.
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The schedule of less [contaminating personal](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) jets might also spare the rich and famous the negative publicity experienced by Britain's Prince Harry and his partner Meghan over a recent private jet journey to southern France.
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Five [Gulfstream jets](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) on display screen in Las Vegas are utilizing California-produced fuel from inedible beef tallow.
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The most recent waste-based fuels include "fats, grease and oils that are by-products of the food market," stated Bryan Sherbacow, chief [commercial officer](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) of Boston-based [biofuel](https://stocktwits.com/symbol/MNEL) manufacturer World Energy, which [produces fuel](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) from meat waste utilized by [Gulfstream](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053).
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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 eco-friendly fuel blends anticipated to be pumped at the program.
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FLIGHT SHAMING
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Private jets represent less than 0.1% of total [annual carbon](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) emissions worldwide, but can discharge, on average, up to 20 times more carbon emissions per traveler mile than jetliners, according to the London-based personal charter company Victor.
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Prince Harry has actually protected his periodic use of private jets to ensure his family's security, and has actually stated that on the rare celebrations 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 added fresh challenges for an [industry](https://www.businessnews.com.au/Company/Mission-NewEnergy) currently striving to validate its contribution to cutting corporate expenses.
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"Incidents of flight shaming involving making use of personal jets are regrettable when you consider that our industry has provided fuel efficiency enhancements of 40% over the previous 40 years," [stated Bombardier](https://www.crunchbase.com/organization/mission-newenergy) Aviation President David Coleal.
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Bombardier thinks increased sustainable fuel usage will assist the market make inroads with [corporations](https://forest500.org/rankings/companies/mission-newenergy-limited) and wealthy purchasers. According to market information, 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 eco-friendly fuels" and organisers adding alternative fuel pumps for visiting aircrafts - is not likely to satisfy all critics at the Oct 22-24 high-end jet occasion.
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Environmentalists and some experts stay skeptical that biojetfuels, [typically combined](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) 50-50 with kerosene, will make a substantial impact on public understandings about luxury travel.
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"No quantity of [Jatropha](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) or Brazil-nut fuel can make service jets look eco-friendly," stated aviation analyst Richard Aboulafia.
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Demand from business jet operators for eco-friendly fuels now far exceeds supply and their interest could drive future production, Sherbacow said.
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World Energy, which produces 40 million gallons of [biofuel](https://www.pinterest.com.au/missionnewenergy/) at its California plant, might broaden production approximately 150 million gallons by 2022.
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Corporate charter business and specialists are likewise seeing more interest from customers who desire 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 [corporate jet](https://forest500.org/rankings/companies/mission-newenergy-limited) usage research study his company just recently finished for a [Fortune](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) 500 company.
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"At the end of the day, I believe that rate, expense per hour, range, speed and performance, that's still the (sales) chauffeur. But I think people are ending up being more conscious of the sustainability of operations and how it impacts the world." ([Reporting](https://www.zoominfo.com/c/mission-newenergy/346542889) By Allison Lampert, Editing by Tim Hepher and Alexandra Hudson)
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