From 6b780a0614af0a86b4641d81e557184826947839 Mon Sep 17 00:00:00 2001 From: Magdalena Boucher Date: Sun, 12 Jan 2025 11:44:05 +0800 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..9f57f9b --- /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 program in Las [Vegas luxury](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) jets are luring buyers with their streamlined shapes, luxurious cabins - and progressively, their use of alternative fuels.
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Fuel manufacturers and [jetmakers](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) are eager to showcase unique kinds of air travel fuel deemed less [hazardous](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) to the climate, from utilized cooking oil to the noticeably less attractive meat waste.
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[Business jet](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) operators, like [airline](https://www.bloomberg.com/profile/company/MNELF:US) companies, have bowed to ecological pressure on aviation and committed to cutting in half carbon emissions by 2050 compared to 2005.
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Their hope is that embracing sustainable fuel to curb emissions might make organization jets more attractive to ecologically conscious buyers - especially corporations facing concerns over sustainability from shareholders or green project groups.
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The schedule of less polluting personal jets could likewise spare the abundant and famous the unfavorable promotion experienced by Britain's Prince Harry and his spouse Meghan over a current personal jet trip to southern France.
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Five Gulfstream jets on screen in Las Vegas are utilizing California-produced fuel from inedible beef tallow.
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The most recent 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.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) producer World Energy, which produces fuel from meat waste used by [Gulfstream](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm).
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"All of our product is inedible."
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Some of the other 79 aircraft on screen 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 [account](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) for less than 0.1% of total annual carbon emissions internationally, but can discharge, usually, approximately 20 times more [carbon emissions](https://forest500.org/rankings/companies/mission-newenergy-limited) per traveler mile than jetliners, according to the [London-based private](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) charter firm Victor.
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Prince Harry has actually defended his periodic usage of private jets to ensure his [household's](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) safety, and has actually stated that on the rare events he does not fly commercially he offsets his emissions.
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But planemakers state events such as the furore over his itinerary have included fresh obstacles for an [industry](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) currently making every effort to validate its contribution to cutting business expenses.
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"Incidents of flight shaming involving the usage of personal jets are regrettable when you think about that our market has delivered fuel performance enhancements of 40% over the past 40 years," said Bombardier Aviation President David Coleal.
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Bombardier believes increased sustainable fuel usage will assist the industry make inroads with corporations and wealthy buyers. According to market information, billionaires only have a 19% service jet ownership rate.
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But even an image transformation - with jets [sporting sticker](https://www.bloomberg.com/profile/company/MNELF:US) labels like "this aircraft flies on eco-friendly fuels" and organisers adding alternative fuel pumps for [visiting airplanes](https://pitchbook.com/profiles/company/51278-86) - is unlikely to please all critics at the Oct 22-24 occasion.
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Environmentalists and some analysts remain hesitant that biojetfuels, usually combined 50-50 with kerosene, will make a considerable impact on public understandings about high-end travel.
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"No amount of [jatropha curcas](https://forest500.org/rankings/companies/mission-newenergy-limited) or Brazil-nut fuel can make organization jets look eco-friendly," said air travel analyst Richard Aboulafia.
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Demand from company jet operators for eco-friendly fuels now far goes beyond supply and their interest could [drive future](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) production, Sherbacow said.
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World Energy, which produces 40 million gallons of [biofuel](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) at its California plant, might expand production up to 150 million gallons by 2022.
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Corporate charter business and specialists are also seeing more interest from clients who want to [buy carbon](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) credits to offset emissions from their [flights](https://www.pinterest.com.au/missionnewenergy/).
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Brian Proctor, CEO of Mente Group, a U.S. consultancy, stated emissions contributed in a [corporate jet](https://www.businessnews.com.au/Company/Mission-NewEnergy) utilization study his business recently finished for a Fortune 500 business.
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"At the end of the day, I believe that price, expense per hour, range, speed and efficiency, that's still the (sales) driver. But I think people are ending up being more conscious of the sustainability of operations and how it impacts the planet." (Reporting By Allison Lampert, [Editing](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) by Tim Hepher and Alexandra Hudson)
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