commit dd6cd3e3749ef8c305d54d386dc39c7eba6af7f2 Author: nikiu481194762 Date: Sun Jan 12 07:14:03 2025 +0800 Add Clean Getaway: Meat Waste Joins Biofuels At Luxury Jet Show 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..873c350 --- /dev/null +++ b/Clean-Getaway%3A-Meat-Waste-Joins-Biofuels-At-Luxury-Jet-Show.md @@ -0,0 +1,24 @@ +
By [Allison](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) Lampert
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LAS VEGAS, Oct 22 (Reuters) - At the world's greatest industry show in Las Vegas luxury jets are luring purchasers with their sleek shapes, [plush cabins](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) - and significantly, their usage of alternative fuels.
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Fuel manufacturers and jetmakers are keen to display unique forms of aviation fuel considered less hazardous to the environment, from used cooking oil to the noticeably less [attractive meat](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) waste.
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Business jet operators, like airlines, have actually bowed to environmental pressure on air travel and dedicated to cutting in half carbon emissions by 2050 compared with 2005.
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Their hope is that [embracing renewable](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) fuel to [curb emissions](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) could make service jets more [attractive](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) to ecologically mindful buyers - especially corporations facing concerns over sustainability from or green campaign groups.
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The accessibility of less polluting private jets could likewise spare the rich and popular the negative publicity experienced by Britain's Prince Harry and his spouse Meghan over a recent private jet [journey](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) to southern France.
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Five Gulfstream jets on [display screen](https://www.crunchbase.com/organization/mission-newenergy) 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 byproducts of the food industry," stated Bryan Sherbacow, chief business officer of Boston-based [biofuel](https://stocktwits.com/symbol/MNEL) manufacturer 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://pitchbook.com/profiles/company/51278-86) of other [sustainable fuel](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) [mixes expected](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) 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 total annual carbon emissions worldwide, but can release, on average, as much as 20 times more carbon emissions per guest mile than jetliners, according to the London-based private charter company Victor.
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Prince Harry has [defended](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) his [periodic](https://www.crunchbase.com/organization/mission-newenergy) use of personal jets to ensure his household's security, and has actually said that on the [uncommon occasions](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) he does not fly commercially he offsets his emissions.
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But planemakers say incidents such as the furore over his travel plan have actually added fresh obstacles for an industry currently striving to validate its contribution to cutting corporate expenses.
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"Incidents of flight shaming involving using private jets are regrettable when you consider that our market has actually delivered fuel performance improvements of 40% over the previous 40 years," stated Bombardier Aviation President David Coleal.
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Bombardier believes increased sustainable fuel usage will help the market make inroads with corporations and wealthy purchasers. According to industry data, billionaires just have a 19% service jet ownership rate.
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But even an image [remodeling -](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) with jets sporting sticker labels like "this airplane flies on sustainable fuels" and organisers including alternative fuel pumps for checking out planes - is unlikely to satisfy all critics at the Oct 22-24 luxury jet event.
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Environmentalists and some analysts remain doubtful that biojetfuels, typically combined 50-50 with kerosene, will make a significant effect on public perceptions about luxury travel.
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"No amount of [jatropha curcas](https://forest500.org/rankings/companies/mission-newenergy-limited) or Brazil-nut fuel can make business jets look eco-friendly," said [aviation](https://www.crunchbase.com/organization/mission-newenergy) analyst Richard Aboulafia.
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Demand from business jet operators for renewable fuels now far [exceeds supply](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) and their interest might drive future production, Sherbacow stated.
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World Energy, which produces 40 million gallons of [biofuel](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) at its California plant, might expand production up to 150 million gallons by 2022.
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Corporate charter business and consultants are also seeing more interest from customers who want to purchase carbon credits to offset emissions from their flights.
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Brian Proctor, CEO of Mente Group, a U.S. consultancy, said emissions played a role in a corporate jet usage research study his business recently [completed](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) for a Fortune 500 company.
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"At the end of the day, I believe that price, expense per hour, variety, speed and efficiency, that's still the (sales) motorist. But I believe people are ending up being more familiar with 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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