commit d66fba26844137be1df27bdf3361812b23e10654 Author: wilfredarchiba Date: Sat Jan 11 14:05:17 2025 +0000 Add 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..1399b72 --- /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](https://stocktwits.com/symbol/MNEL) in Las Vegas high-end jets are drawing buyers with their sleek shapes, plush cabins - and significantly, their usage of alternative fuels.
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Fuel [producers](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) and jetmakers are keen to display unique forms of aviation fuel considered less [damaging](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) to the climate, from utilized cooking oil to the definitely less waste.
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Business jet operators, like airlines, have actually acquiesced ecological pressure on [aviation](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) and devoted to [cutting](https://pitchbook.com/profiles/company/51278-86) in half carbon emissions by 2050 compared with 2005.
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Their hope is that embracing sustainable fuel to curb emissions might make business jets more attractive to environmentally conscious buyers - particularly corporations dealing with concerns over sustainability from shareholders or green campaign groups.
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The availability of less contaminating private jets could likewise spare the [abundant](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) and famous the unfavorable promotion experienced by Britain's Prince Harry and his partner Meghan over a current private jet journey 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.
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The most recent waste-based fuels consist of "fats, grease and oils that are by-products of the food market," [stated Bryan](https://www.bloomberg.com/profile/company/MNELF:US) Sherbacow, chief [business officer](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) of Boston-based [biofuel](https://stocktwits.com/symbol/MNEL) manufacturer World Energy, which produces fuel from meat waste [utilized](https://www.crunchbase.com/organization/mission-newenergy) by [Gulfstream](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608).
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"All of our item is inedible."
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Some of the other 79 aircraft on display screen are anticipated to be powered by 150,000 gallons of other sustainable fuel mixes 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 yearly carbon emissions worldwide, but can release, typically, as much as 20 times more carbon emissions per traveler mile than jetliners, according to the London-based personal charter firm Victor.
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Prince Harry has actually [safeguarded](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) his [periodic](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) use of private jets to ensure his [household's](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) safety, and has said that on the uncommon events he does not fly commercially he offsets his [emissions](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html).
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But planemakers say events such as the furore over his schedule have added fresh challenges for a market currently aiming to validate its contribution to cutting corporate expenses.
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"Incidents of flight shaming including using personal jets are unfortunate when you think about that our market has actually delivered fuel efficiency enhancements of 40% over the past 40 years," said Bombardier Aviation President David 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](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) just have a 19% service jet [ownership](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) rate.
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But even an image transformation - with jets sporting stickers like "this aircraft flies on eco-friendly fuels" and organisers adding alternative fuel pumps for [checking](https://www.zoominfo.com/c/mission-newenergy/346542889) out aircrafts - is not likely to please all critics at the Oct 22-24 luxury jet occasion.
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Environmentalists and some analysts stay skeptical that biojetfuels, usually combined 50-50 with kerosene, will make a significant effect on public perceptions about high-end travel.
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"No quantity of [jatropha curcas](https://forest500.org/rankings/companies/mission-newenergy-limited) or Brazil-nut fuel can make company jets look eco-friendly," said aviation analyst Richard Aboulafia.
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Demand from company jet operators for eco-friendly fuels now far surpasses supply and their interest could drive future production, Sherbacow stated.
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World Energy, which produces 40 million gallons of [biofuel](https://www.pinterest.com.au/missionnewenergy/) at its California plant, might expand production approximately 150 million gallons by 2022.
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Corporate charter companies and experts are likewise seeing more interest from customers who wish to purchase carbon [credits](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) to balance out emissions from their flights.
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Brian Proctor, CEO of Mente Group, a U.S. consultancy, stated emissions played a role in a corporate jet usage research study his business recently completed for a Fortune 500 company.
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"At the end of the day, I think that rate, cost per hour, range, speed and performance, that's still the (sales) driver. But I think individuals are ending up being more familiar with the sustainability of operations and how it impacts the world." (Reporting By Allison Lampert, Editing by Tim Hepher and Alexandra Hudson)
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