commit 9a9f50c51e1ca6c20b55b4e5c5895b05833f2f0d Author: julieernst5063 Date: Sat Jan 11 17:17:25 2025 +0000 Update '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..26b1ae7 --- /dev/null +++ b/Clean-Getaway%3A-Meat-Waste-Joins-Biofuels-At-Luxury-Jet-Show.md @@ -0,0 +1,24 @@ +
By Lampert
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LAS VEGAS, Oct 22 (Reuters) - At the [world's](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) greatest industry show in Las [Vegas luxury](https://pitchbook.com/profiles/company/51278-86) jets are luring buyers with their streamlined silhouettes, luxurious cabins - and increasingly, their use of alternative fuels.
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Fuel producers and [jetmakers](https://pitchbook.com/profiles/company/51278-86) are keen to display novel types of aviation fuel considered less harmful to the environment, from utilized cooking oil to the clearly less glamorous meat waste.
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Business jet operators, like [airline](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) companies, have actually acquiesced environmental pressure on air travel and devoted to cutting in half carbon emissions by 2050 compared to 2005.
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Their hope is that embracing sustainable fuel to suppress emissions could make [business jets](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) more appealing to environmentally mindful purchasers - specifically corporations facing questions over sustainability from investors or [green project](https://www.google.com/search?kgmid=/m/0cqd_rb) groups.
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The accessibility of less polluting private jets might likewise spare the rich and well-known the unfavorable publicity experienced by [Britain's Prince](https://stocktwits.com/symbol/MNEL) Harry and his better half Meghan over a current private jet journey to southern France.
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Five [Gulfstream](https://www.google.com/search?kgmid=/m/0cqd_rb) jets on screen in Las Vegas are using California-produced fuel from inedible beef tallow.
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The current [waste-based fuels](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) include "fats, grease and oils that are byproducts of the food industry," stated Bryan Sherbacow, chief industrial officer of Boston-based [biofuel](https://stocktwits.com/symbol/MNEL) 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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Some of the other 79 airplane on display are anticipated to be powered by 150,000 gallons of other eco-friendly fuel blends anticipated to be pumped at the show.
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FLIGHT SHAMING
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Private jets represent less than 0.1% of overall annual carbon emissions globally, however can release, usually, approximately 20 times more carbon emissions per traveler mile than jetliners, according to the London-based private charter firm Victor.
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Prince Harry has actually protected his periodic use of personal jets to guarantee his household's safety, and has said that on the unusual celebrations he does not fly commercially he [offsets](https://www.zoominfo.com/c/mission-newenergy/346542889) his emissions.
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But planemakers say [occurrences](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) such as the furore over his travel plan have actually added fresh challenges for a market currently aiming to validate its contribution to cutting corporate costs.
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"Incidents of flight shaming including the usage of personal jets are unfortunate when you consider that our industry has actually provided fuel efficiency enhancements of 40% over the previous 40 years," said Bombardier Aviation [President David](https://www.bloomberg.com/profile/company/MNELF:US) Coleal.
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Bombardier believes increased sustainable fuel use will help the market make inroads with corporations and wealthy buyers. According to industry information, billionaires only have a 19% company jet [ownership](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) rate.
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But even an image makeover - with jets sporting sticker labels like "this aircraft flies on sustainable fuels" and organisers adding alternative fuel pumps for going to planes - is not likely to satisfy all [critics](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) at the Oct 22-24 high-end jet occasion.
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Environmentalists and some experts stay skeptical that biojetfuels, generally mixed 50-50 with kerosene, will make a considerable impact on public perceptions about high-end travel.
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"No amount of [jatropha curcas](https://www.zoominfo.com/c/mission-newenergy/346542889) or Brazil-nut fuel can make service jets look eco-friendly," said [aviation expert](https://www.google.com/search?kgmid=/m/0cqd_rb) Richard Aboulafia.
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Demand from business jet operators for eco-friendly 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 of [biofuel](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) at its California plant, could expand production approximately 150 million gallons by 2022.
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Corporate charter companies and specialists are also seeing more interest from customers who wish to buy carbon credits to balance out [emissions](https://www.crunchbase.com/organization/mission-newenergy) from their [flights](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd).
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Brian Proctor, CEO of Mente Group, a U.S. consultancy, stated emissions contributed in a business jet utilization study his business recently [finished](https://pitchbook.com/profiles/company/51278-86) 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 performance, that's still the (sales) motorist. But I believe individuals are becoming more familiar with 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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