Add Clean Getaway: Meat Waste Joins Biofuels At Luxury Jet Show
parent
8cbf7eb984
commit
3c10b42e8e
|
@ -0,0 +1,24 @@
|
||||||
|
<br>By Allison Lampert<br>
|
||||||
|
<br>LAS VEGAS, Oct 22 (Reuters) - At the world's biggest industry program in Las Vegas luxury jets are [enticing purchasers](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) with their smooth silhouettes, [luxurious cabins](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) - and increasingly, their usage of alternative fuels.<br>
|
||||||
|
<br>Fuel producers and [jetmakers](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) are eager to display novel types of aviation fuel considered less harmful to the environment, from [utilized cooking](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) oil to the clearly less attractive meat waste.<br>
|
||||||
|
<br>Business jet operators, like airline companies, have actually acquiesced environmental pressure on [air travel](https://forest500.org/rankings/companies/mission-newenergy-limited) and committed to halving carbon emissions by 2050 compared to 2005.<br>
|
||||||
|
<br>Their hope is that embracing sustainable fuel to suppress emissions might make company jets more attractive to environmentally conscious purchasers - particularly corporations dealing with [questions](https://www.bloomberg.com/profile/company/MNELF:US) over sustainability from investors or green campaign groups.<br>
|
||||||
|
<br>The schedule of less contaminating personal jets might also spare the rich and popular the unfavorable publicity experienced by Britain's Prince Harry and his other [half Meghan](https://www.bloomberg.com/profile/company/MNELF:US) over a recent private jet journey to southern France.<br>
|
||||||
|
<br>Five Gulfstream jets on display screen in Las Vegas are utilizing California-produced fuel from inedible beef tallow.<br>
|
||||||
|
<br>The latest waste-based fuels include "fats, grease and oils that are by-products of the food market," stated Bryan Sherbacow, chief industrial [officer](https://www.zoominfo.com/c/mission-newenergy/346542889) of Boston-based [biofuel](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) producer World Energy, which produces fuel from meat waste used by Gulfstream.<br>
|
||||||
|
<br>"All of our item is inedible."<br>
|
||||||
|
<br>Some of the other 79 aircraft on display screen are expected to be powered by 150,000 gallons of other renewable fuel blends expected to be pumped at the show.<br>
|
||||||
|
<br>FLIGHT SHAMING<br>
|
||||||
|
<br>Private jets [represent](https://www.bloomberg.com/profile/company/MNELF:US) less than 0.1% of overall annual carbon emissions internationally, however can discharge, typically, up to 20 times more carbon emissions per traveler mile than jetliners, according to the London-based personal charter company Victor.<br>
|
||||||
|
<br>Prince Harry has defended his occasional usage of private jets to ensure his household's security, and has said that on the rare events he does not [fly commercially](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) he offsets his [emissions](https://www.zoominfo.com/c/mission-newenergy/346542889).<br>
|
||||||
|
<br>But planemakers say events such as the furore over his [itinerary](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) have added fresh challenges for a market already making every effort to validate its contribution to cutting business expenses.<br>
|
||||||
|
<br>"Incidents of flight shaming including using private jets are unfortunate when you think about that our industry has provided fuel effectiveness enhancements of 40% over the previous 40 years," said Bombardier Aviation President David Coleal.<br>
|
||||||
|
<br>Bombardier thinks fuel usage will help the market make [inroads](https://pitchbook.com/profiles/company/51278-86) with corporations and rich purchasers. According to industry information, billionaires just have a 19% service jet ownership rate.<br>
|
||||||
|
<br>But even an image makeover - with jets sporting sticker labels like "this aircraft flies on sustainable fuels" and organisers adding alternative fuel pumps for visiting airplanes - is not likely to please all critics at the Oct 22-24 high-end jet occasion.<br>
|
||||||
|
<br>Environmentalists and some experts remain hesitant that biojetfuels, generally mixed 50-50 with kerosene, will make a significant influence on public understandings about high-end travel.<br>
|
||||||
|
<br>"No quantity of [jatropha curcas](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) or Brazil-nut fuel can make company jets look eco-friendly," stated air travel analyst Richard [Aboulafia](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price).<br>
|
||||||
|
<br>Demand from organization jet operators for [eco-friendly fuels](https://www.crunchbase.com/organization/mission-newenergy) now far surpasses supply and their interest could drive future production, Sherbacow said.<br>
|
||||||
|
<br>World Energy, which produces 40 million gallons of [biofuel](https://stocktwits.com/symbol/MNEL) at its California plant, could broaden production up to 150 million gallons by 2022.<br>
|
||||||
|
<br>Corporate charter business and specialists are likewise seeing more interest from customers who wish to purchase carbon credits to balance out [emissions](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) from their [flights](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/).<br>
|
||||||
|
<br>Brian Proctor, CEO of Mente Group, a U.S. consultancy, stated emissions contributed in a corporate jet usage research study his company just recently finished for a Fortune 500 business.<br>
|
||||||
|
<br>"At the end of the day, I believe that price, expense per hour, variety, speed and efficiency, that's still the (sales) chauffeur. But I believe people are ending up being more familiar with the sustainability of operations and how it impacts the planet." (Reporting By [Allison](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) Lampert, Editing by Tim Hepher and Alexandra Hudson)<br>
|
Loading…
Reference in New Issue