From 42edc9a68cc6efe0752fcb483cb017e5615cfded Mon Sep 17 00:00:00 2001 From: nellycheeke094 Date: Sun, 12 Jan 2025 00:58:05 +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..24daa96 --- /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 [industry program](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) in Las Vegas high-end jets are enticing buyers with their smooth silhouettes, plush cabins - and progressively, their use of [alternative fuels](https://www.businessnews.com.au/Company/Mission-NewEnergy).
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Fuel producers and jetmakers are keen to showcase unique forms of [air travel](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) fuel deemed less damaging to the environment, from utilized cooking oil to the clearly less glamorous meat waste.
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Business jet operators, like airline companies, have actually bowed to ecological pressure on aviation and committed to halving carbon emissions by 2050 compared to 2005.
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Their hope is that embracing sustainable fuel to suppress emissions could make [company](https://stocktwits.com/symbol/MNEL) jets more appealing to environmentally conscious purchasers - specifically corporations facing questions over sustainability from investors or green project groups.
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The schedule of less polluting personal jets might also spare the abundant and famous the [unfavorable promotion](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) [experienced](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) by Britain's Prince Harry and his other [half Meghan](https://www.pinterest.com.au/missionnewenergy/) over a recent personal jet trip to southern France.
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Five Gulfstream jets on display in Las Vegas are using California-produced fuel from [inedible](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) 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 industry," stated Bryan Sherbacow, chief industrial officer of Boston-based [biofuel](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) 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 aircraft on display are expected to be powered by 150,000 [gallons](https://www.google.com/search?kgmid=/m/0cqd_rb) of other renewable fuel 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 overall [yearly carbon](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) emissions internationally, but can discharge, on average, up to 20 times more carbon emissions per guest mile than jetliners, according to the London-based personal charter firm Victor.
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Prince Harry has safeguarded his occasional usage of personal jets to guarantee his household's security, and has actually said that on the uncommon events he does not fly commercially he offsets his [emissions](https://www.google.com/search?kgmid=/m/0cqd_rb).
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But [planemakers](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) state events such as the furore over his schedule have actually included fresh difficulties for an industry currently aiming to validate its contribution to cutting corporate [expenses](https://www.businessnews.com.au/Company/Mission-NewEnergy).
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"Incidents of flight shaming including the use of personal jets are unfortunate when you consider that our market has actually provided fuel effectiveness enhancements of 40% over the past 40 years," said Bombardier Aviation President David Coleal.
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Bombardier thinks increased sustainable fuel use will assist the market make inroads with corporations and [rich purchasers](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html). According to market data, [billionaires](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) just have a 19% company jet ownership rate.
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But even an image makeover - with jets sporting stickers like "this airplane flies on renewable fuels" and organisers including alternative fuel pumps for going to planes - is not likely to please all critics at the Oct 22-24 [luxury jet](https://www.businessnews.com.au/Company/Mission-NewEnergy) event.
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Environmentalists and some analysts stay hesitant that biojetfuels, normally combined 50-50 with kerosene, will make a significant impact on public perceptions about luxury travel.
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"No amount of [jatropha curcas](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) or Brazil-nut fuel can make service jets look eco-friendly," stated air travel analyst Richard Aboulafia.
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Demand from company jet operators for now far exceeds supply and their interest could drive future production, Sherbacow stated.
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World Energy, which produces 40 million gallons of [biofuel](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) at its California plant, might expand production approximately 150 million gallons by 2022.
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Corporate charter business and experts are also seeing more interest from clients 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, said emissions contributed in a [corporate](https://www.crunchbase.com/organization/mission-newenergy) jet usage study his company just recently completed for a [Fortune](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) 500 business.
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"At the end of the day, I believe that cost, cost per hour, range, speed and efficiency, that's still the (sales) motorist. But I think people are becoming more aware of 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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