From c2b34857c0824d00e7476ca137ecc097dabae5cd Mon Sep 17 00:00:00 2001 From: Phillip Evans Date: Sat, 18 Jan 2025 15:15:23 +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..29c356c --- /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 in Las Vegas luxury jets are luring buyers with their smooth shapes, plush cabins - and increasingly, their usage of [alternative fuels](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price).
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Fuel manufacturers and are eager to showcase novel types of [aviation fuel](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) deemed less hazardous to the climate, from utilized cooking oil to the clearly less attractive meat waste.
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Business jet operators, like airline companies, have actually acquiesced environmental pressure on air travel and devoted to halving carbon emissions by 2050 [compared](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) with 2005.
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Their hope is that embracing sustainable fuel to suppress emissions might make business jets more [appealing](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) to [ecologically mindful](https://forest500.org/rankings/companies/mission-newenergy-limited) buyers - specifically corporations facing concerns over sustainability from shareholders or green project groups.
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The availability of less contaminating personal jets might likewise spare the abundant and [well-known](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) the unfavorable publicity experienced by [Britain's Prince](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) Harry and his [spouse Meghan](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) over a recent private jet trip to southern France.
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Five Gulfstream jets on display 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 by-products of the food industry," said Bryan Sherbacow, primary industrial officer of Boston-based [biofuel](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) producer World Energy, which produces fuel from meat waste utilized 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 renewable fuel mixes expected to be pumped at the program.
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FLIGHT SHAMING
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Private jets represent less than 0.1% of overall yearly carbon emissions worldwide, but can give off, usually, as much as 20 times more carbon emissions per traveler mile than jetliners, according to the London-based personal charter firm Victor.
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Prince Harry has protected his periodic usage of personal jets to guarantee his family's safety, and has actually said that on the uncommon events he does not fly [commercially](https://www.crunchbase.com/organization/mission-newenergy) he offsets his emissions.
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But [planemakers](https://www.bloomberg.com/profile/company/MNELF:US) state events such as the furore over his schedule have actually included fresh challenges for a market currently making every effort to validate its contribution to cutting business costs.
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"Incidents of flight shaming including the use of private jets are unfortunate when you consider that our industry has actually delivered fuel efficiency improvements of 40% over the previous 40 years," said Bombardier Aviation President David Coleal.
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Bombardier thinks [increased sustainable](https://www.businessnews.com.au/Company/Mission-NewEnergy) [fuel usage](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) will help the market make inroads with corporations and [rich buyers](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053). According to market data, billionaires just have a 19% [company jet](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) ownership rate.
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But even an image makeover - with jets sporting sticker labels like "this airplane flies on eco-friendly fuels" and organisers adding alternative fuel pumps for going to aircrafts - is unlikely to please all critics at the Oct 22-24 high-end jet occasion.
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Environmentalists and some analysts stay hesitant that biojetfuels, normally blended 50-50 with kerosene, will make a substantial influence on public understandings about [luxury travel](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html).
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"No amount of [Jatropha](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) or Brazil-nut fuel can make company jets look eco-friendly," said air travel expert Richard Aboulafia.
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Demand from organization jet operators for renewable fuels now far surpasses supply and their interest could [drive future](https://www.crunchbase.com/organization/mission-newenergy) 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 as much as 150 million gallons by 2022.
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Corporate charter business and specialists are also seeing more interest from clients who wish to purchase carbon [credits](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) to offset 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 utilization study his company recently completed for a [Fortune](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) 500 business.
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"At the end of the day, I think that rate, cost per hour, range, speed and performance, that's still the (sales) driver. But I believe people are becoming more conscious of the sustainability of operations and how it affects the world." (Reporting By Allison Lampert, Editing by Tim Hepher and Alexandra Hudson)
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