From 4949c02288e5b1ad71a60caecd54cf08acd303cb Mon Sep 17 00:00:00 2001 From: tatiana78o057 Date: Sat, 18 Jan 2025 03:39:46 +0100 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..d333353 --- /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 Vegas luxury jets are [luring buyers](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) with their smooth silhouettes, plush cabins - and increasingly, their use of alternative fuels.
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Fuel manufacturers and jetmakers are eager to showcase novel types of aviation fuel deemed less damaging to the environment, from used to the noticeably less glamorous meat waste.
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Business jet operators, like airline companies, have actually acquiesced environmental [pressure](https://www.bloomberg.com/profile/company/MNELF:US) on aviation and dedicated to halving carbon emissions by 2050 compared with 2005.
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Their hope is that embracing sustainable fuel to suppress emissions might make business jets more attractive to ecologically conscious buyers - particularly corporations facing concerns over [sustainability](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) from shareholders or green project groups.
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The availability of less contaminating personal jets could likewise spare the abundant and famous the negative promotion experienced by Britain's Prince Harry and his wife Meghan over a recent personal jet trip to southern France.
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Five Gulfstream jets on display screen in Las Vegas are utilizing California-produced fuel from inedible beef tallow.
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The current waste-based fuels consist of "fats, grease and oils that are byproducts of the food industry," said Bryan Sherbacow, [primary industrial](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) [officer](https://www.pinterest.com.au/missionnewenergy/) of Boston-based [biofuel](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) manufacturer World Energy, which produces fuel from meat waste utilized by Gulfstream.
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"All of our item is inedible."
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A few of the other 79 aircraft on screen 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 annual carbon emissions globally, but can release, on average, as much as 20 times more [carbon emissions](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) 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 usage of [personal](https://www.pinterest.com.au/missionnewenergy/) jets to ensure his [household's](https://stocktwits.com/symbol/MNEL) security, and has stated that on the rare events he does not fly commercially he offsets his emissions.
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But planemakers state events such as the furore over his travel plan have included fresh obstacles for an industry already aiming to validate its contribution to cutting business costs.
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"Incidents of flight shaming involving making use of personal jets are unfortunate when you think about that our market has actually delivered fuel effectiveness improvements of 40% over the previous 40 years," stated Bombardier [Aviation](https://www.crunchbase.com/organization/mission-newenergy) President David Coleal.
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Bombardier thinks increased sustainable fuel usage will help the industry make inroads with [corporations](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) and rich purchasers. According to market information, billionaires only have a 19% service jet ownership rate.
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But even an image makeover - with jets sporting sticker labels like "this aircraft flies on eco-friendly fuels" and organisers including [alternative](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) fuel pumps for checking out [airplanes -](https://www.zoominfo.com/c/mission-newenergy/346542889) is not likely to please all critics at the Oct 22-24 luxury jet event.
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Environmentalists and some experts remain hesitant that biojetfuels, normally mixed 50-50 with kerosene, will make a significant influence on public understandings about high-end travel.
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"No quantity of [jatropha curcas](https://www.google.com/search?kgmid=/m/0cqd_rb) or Brazil-nut fuel can make service jets look eco-friendly," said aviation analyst [Richard Aboulafia](https://pitchbook.com/profiles/company/51278-86).
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Demand from business jet operators for sustainable fuels now far goes beyond supply and their interest might drive future production, Sherbacow said.
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World Energy, which produces 40 million gallons of [biofuel](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) at its California plant, might [expand production](https://www.google.com/search?kgmid=/m/0cqd_rb) up to 150 million gallons by 2022.
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Corporate charter business and specialists are also seeing more interest from clients 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](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) played a role in a corporate jet utilization research study his business just recently completed for a [Fortune](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) 500 [company](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm).
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"At the end of the day, I think that rate, expense per hour, range, speed and performance, that's still the (sales) driver. But I believe individuals are becoming more conscious of the sustainability of operations and how it impacts the planet." (Reporting By Allison Lampert, Editing by [Tim Hepher](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) and Alexandra Hudson)
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