From 26d3b82e33745d23589c2f04617eccad13d55693 Mon Sep 17 00:00:00 2001 From: Margareta Denton Date: Sun, 12 Jan 2025 10:10:34 +0000 Subject: [PATCH] Update '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..947dc60 --- /dev/null +++ b/Clean-Getaway%3A-Meat-Waste-Joins-Biofuels-At-Luxury-Jet-Show.md @@ -0,0 +1,24 @@ +
By [Allison](https://www.crunchbase.com/organization/mission-newenergy) Lampert
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LAS VEGAS, Oct 22 (Reuters) - At the [world's](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) greatest [market program](https://stocktwits.com/symbol/MNEL) in Las Vegas luxury jets are tempting purchasers with their smooth shapes, plush cabins - and increasingly, their usage of alternative fuels.
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Fuel manufacturers and jetmakers are keen to display novel types of air travel fuel considered less [harmful](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) to the climate, from [utilized cooking](https://pitchbook.com/profiles/company/51278-86) oil to the distinctly less glamorous meat waste.
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Business jet operators, like airlines, have actually bowed to [ecological pressure](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) on air travel and dedicated to halving carbon emissions by 2050 compared to 2005.
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Their hope is that embracing renewable fuel to curb emissions might make [organization](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) jets more appealing to environmentally conscious buyers - particularly corporations dealing with [concerns](https://forest500.org/rankings/companies/mission-newenergy-limited) over sustainability from [shareholders](https://stocktwits.com/symbol/MNEL) or green campaign groups.
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The availability of less [polluting private](https://www.businessnews.com.au/Company/Mission-NewEnergy) jets might likewise spare the rich and well-known the unfavorable promotion experienced by Britain's Prince Harry and his other half Meghan over a current personal jet journey to southern France.
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Five Gulfstream jets on display in Las Vegas are using California-produced fuel from inedible beef tallow.
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The newest waste-based fuels include "fats, grease and oils that are by-products of the food industry," said Bryan Sherbacow, chief commercial officer of Boston-based [biofuel](https://www.businessnews.com.au/Company/Mission-NewEnergy) 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 airplane on display screen are expected to be powered by 150,000 gallons of other [sustainable fuel](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) blends 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 total annual carbon emissions globally, but can produce, typically, approximately 20 times more carbon emissions per guest mile than jetliners, according to the London-based private charter firm Victor.
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Prince Harry has actually defended his occasional use of [private jets](https://www.google.com/search?kgmid=/m/0cqd_rb) to ensure his [family's](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) safety, and has stated that on the uncommon occasions he does not [fly commercially](https://www.google.com/search?kgmid=/m/0cqd_rb) he offsets his emissions.
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But planemakers say incidents such as the furore over his itinerary have added [fresh obstacles](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) for a market already striving to validate its contribution to [cutting corporate](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) expenses.
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"Incidents of flight shaming including using personal jets are regrettable when you think about that our industry has actually provided fuel efficiency improvements of 40% over the previous 40 years," stated Bombardier Aviation President David Coleal.
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Bombardier thinks increased sustainable fuel usage will help the industry make inroads with corporations and [wealthy buyers](https://www.investing.com/equities/mission-newenergy-ltd-company-profile). 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 airplane flies on eco-friendly fuels" and organisers adding alternative fuel pumps for visiting planes - is unlikely to please all critics at the Oct 22-24 luxury jet occasion.
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Environmentalists and some experts remain hesitant that biojetfuels, generally blended 50-50 with kerosene, will make a significant influence on public perceptions about luxury travel.
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"No amount of [Jatropha](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 organization jets look eco-friendly," said air travel analyst Richard Aboulafia.
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Demand from organization jet operators for sustainable fuels now far goes beyond supply and their interest could drive future production, Sherbacow said.
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World Energy, which produces 40 million [gallons](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) of [biofuel](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) at its California plant, could expand production up to 150 million gallons by 2022.
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Corporate charter business and consultants are likewise 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, stated emissions contributed in a corporate jet usage study his company recently completed for a Fortune 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) motorist. But I believe people are becoming more familiar with the sustainability of operations and how it impacts the world." (Reporting By Allison Lampert, Editing by Tim Hepher and Hudson)
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