From bc5b5831a6ecb160c52dd5dd4cffb64da0edd0d6 Mon Sep 17 00:00:00 2001 From: Brigette Elsberry Date: Sun, 12 Jan 2025 05:55:36 +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..898e6d4 --- /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 [industry program](https://pitchbook.com/profiles/company/51278-86) in Las Vegas high-end jets are enticing buyers with their smooth silhouettes, plush cabins - and increasingly, their usage of alternative fuels.
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Fuel manufacturers and jetmakers are eager to display novel forms of [aviation fuel](https://stocktwits.com/symbol/MNEL) considered less damaging to the environment, from utilized cooking oil to the noticeably less [glamorous meat](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) waste.
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Business jet operators, like airlines, have actually acquiesced ecological pressure on aviation and devoted to halving carbon emissions by 2050 compared with 2005.
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Their hope is that adopting renewable fuel to suppress emissions might make organization jets more [attractive](https://pitchbook.com/profiles/company/51278-86) to ecologically conscious purchasers - especially corporations facing questions over sustainability from shareholders or green project groups.
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The schedule of less polluting private jets might likewise spare the abundant and famous the negative promotion experienced by Britain's Prince Harry and his other half Meghan over a recent personal jet journey to southern France.
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Five Gulfstream jets on [display](https://www.zoominfo.com/c/mission-newenergy/346542889) in Las Vegas are utilizing California-produced fuel from inedible beef tallow.
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The newest waste-based fuels include "fats, grease and oils that are byproducts of the food industry," said Bryan Sherbacow, [primary industrial](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) officer of Boston-based [biofuel](https://www.businessnews.com.au/Company/Mission-NewEnergy) 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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Some of the other 79 aircraft on display are anticipated to be powered by 150,000 gallons of other [eco-friendly fuel](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) [blends anticipated](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) 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 give off, typically, approximately 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 actually safeguarded his periodic use of private jets to ensure his family's safety, and has said that on the rare events he does not fly commercially he offsets his emissions.
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But planemakers state incidents such as the furore over his itinerary have included fresh obstacles for an industry currently aiming to justify its [contribution](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) to cutting corporate expenses.
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"Incidents of flight shaming including using private jets are regrettable when you consider that our industry has actually delivered fuel performance improvements of 40% over the previous 40 years," stated Bombardier Aviation President David Coleal.
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increased sustainable fuel use will help the industry make inroads with corporations and wealthy buyers. According to industry data, billionaires only have a 19% business jet ownership rate.
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But even an image makeover - with jets sporting [sticker](https://pitchbook.com/profiles/company/51278-86) labels like "this airplane flies on renewable fuels" and organisers adding alternative fuel pumps for checking out planes - is unlikely to please all critics at the Oct 22-24 high-end jet event.
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Environmentalists and some analysts stay [skeptical](https://www.crunchbase.com/organization/mission-newenergy) that biojetfuels, usually mixed 50-50 with kerosene, will make a significant effect on public understandings about high-end travel.
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"No quantity of [jatropha curcas](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) or Brazil-nut fuel can make service jets look eco-friendly," stated air travel expert Richard Aboulafia.
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Demand from company jet operators for renewable fuels now far goes beyond supply and their interest could [drive future](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) production, Sherbacow said.
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World Energy, which produces 40 million gallons of [biofuel](https://www.google.com/search?kgmid=/m/0cqd_rb) at its California plant, could expand production as much as 150 million gallons by 2022.
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Corporate charter business and [specialists](https://www.google.com/search?kgmid=/m/0cqd_rb) are likewise seeing more interest from clients who want to buy carbon credits to offset emissions from their [flights](https://pitchbook.com/profiles/company/51278-86).
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Brian Proctor, CEO of Mente Group, a U.S. consultancy, [stated emissions](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) played a role in a corporate jet utilization study his [company](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) recently completed for a Fortune 500 company.
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"At the end of the day, I believe that cost, expense per hour, range, speed and performance, that's still the (sales) motorist. But I think people are becoming more mindful of the sustainability of operations and how it affects the planet." (Reporting By [Allison](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) Lampert, Editing by [Tim Hepher](https://www.crunchbase.com/organization/mission-newenergy) and Alexandra Hudson)
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