From f0eff216d72a0c630bd94d7b983bba8a92dbfd16 Mon Sep 17 00:00:00 2001 From: lizagrimley49 Date: Sun, 12 Jan 2025 10:09:24 +0000 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..5bca31d --- /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 greatest market show in Las Vegas luxury jets are drawing buyers with their streamlined shapes, plush cabins - and progressively, their use of alternative fuels.
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Fuel manufacturers and jetmakers are keen to showcase novel forms of aviation fuel deemed less hazardous to the environment, from [utilized cooking](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) oil to the distinctly less glamorous meat waste.
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[Business jet](https://stocktwits.com/symbol/MNEL) operators, like [airline](https://www.pinterest.com.au/missionnewenergy/) companies, have acquiesced environmental pressure on aviation and devoted to cutting in half carbon emissions by 2050 compared to 2005.
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Their hope is that adopting renewable fuel to curb emissions could make business jets more appealing to environmentally mindful purchasers - specifically corporations dealing with questions over sustainability from investors or green project groups.
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The schedule of less polluting personal jets could likewise spare the [abundant](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) and famous the unfavorable publicity experienced by Britain's Prince Harry and his spouse Meghan over a recent personal jet trip to southern France.
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Five Gulfstream jets on display screen in Las Vegas are using California-produced fuel from inedible [beef tallow](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053).
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The [current waste-based](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) fuels consist of "fats, grease and oils that are by-products of the food industry," stated Bryan Sherbacow, chief commercial officer of Boston-based [biofuel](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) producer World Energy, which produces fuel from meat waste utilized by Gulfstream.
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"All of our product is inedible."
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A few of the other 79 airplane on display are expected to be powered by 150,000 gallons of other [eco-friendly fuel](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) blends [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 represent less than 0.1% of overall yearly carbon emissions internationally, however can discharge, usually, approximately 20 times more [carbon emissions](https://www.pinterest.com.au/missionnewenergy/) per guest mile than jetliners, according to the London-based private charter company Victor.
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Prince Harry has [safeguarded](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) his [occasional usage](https://www.pinterest.com.au/missionnewenergy/) of [private jets](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) to ensure his household's security, and has said that on the unusual celebrations he does not fly commercially he offsets his emissions.
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But planemakers state incidents such as the furore over his schedule have actually added fresh challenges for an industry already making every effort to validate its contribution to [cutting business](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) costs.
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"Incidents of flight shaming involving making use of personal jets are unfortunate when you consider that our market has delivered fuel efficiency improvements of 40% over the past 40 years," said [Bombardier Aviation](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) President David Coleal.
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Bombardier thinks increased sustainable fuel usage will assist the market make inroads with corporations and rich buyers. According to market data, billionaires only have a 19% organization jet [ownership](https://forest500.org/rankings/companies/mission-newenergy-limited) rate.
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But even an image transformation - with jets sporting sticker labels like "this aircraft flies on renewable fuels" and organisers adding alternative fuel pumps for checking out aircrafts - is unlikely to [satisfy](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) all critics at the Oct 22-24 high-end jet event.
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[Environmentalists](https://pitchbook.com/profiles/company/51278-86) and some experts stay skeptical that biojetfuels, typically combined 50-50 with kerosene, will make a substantial impact on about luxury travel.
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"No amount of [jatropha curcas](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) or Brazil-nut fuel can make business jets look eco-friendly," said air travel expert Richard Aboulafia.
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Demand from company jet operators for renewable fuels now far [exceeds](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) 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.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) at its California plant, might expand production as much as 150 million gallons by 2022.
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Corporate charter companies and specialists are also seeing more interest from consumers who want 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, said emissions contributed in a business jet utilization study his company recently completed for a Fortune 500 business.
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"At the end of the day, I think that rate, expense per hour, range, speed and efficiency, that's still the (sales) driver. But I think people are ending up being more knowledgeable about the sustainability of operations and how it affects the planet." (Reporting By Allison Lampert, Editing by Tim Hepher and Alexandra Hudson)
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