Add Clean Getaway: Meat Waste Joins Biofuels At Luxury Jet Show

Hallie Rowntree 2025-01-12 10:09:24 +00:00
commit f0eff216d7
1 changed files with 24 additions and 0 deletions

@ -0,0 +1,24 @@
<br>By Allison Lampert<br>
<br>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.<br>
<br>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.<br>
<br>[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.<br>
<br>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.<br>
<br>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.<br>
<br>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).<br>
<br>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.<br>
<br>"All of our product is inedible."<br>
<br>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.<br>
<br>FLIGHT SHAMING<br>
<br>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.<br>
<br>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.<br>
<br>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.<br>
<br>"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.<br>
<br>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.<br>
<br>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.<br>
<br>[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.<br>
<br>"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.<br>
<br>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.<br>
<br>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.<br>
<br>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.<br>
<br>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.<br>
<br>"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)<br>