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

Leonie Dutcher 2025-01-17 20:49:10 +00:00
commit a595fedb66

@ -0,0 +1,24 @@
<br>By Allison Lampert<br>
<br>LAS VEGAS, Oct 22 (Reuters) - At the [world's biggest](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) market show in Las Vegas luxury jets are with their smooth silhouettes, plush cabins - and increasingly, their use of alternative fuels.<br>
<br>Fuel manufacturers and [jetmakers](https://pitchbook.com/profiles/company/51278-86) are keen to [display](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) novel types of aviation fuel considered less damaging to the climate, from utilized cooking oil to the clearly less attractive meat waste.<br>
<br>Business jet operators, like airline companies, have bowed to ecological pressure on aviation and dedicated to [cutting](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) in half carbon emissions by 2050 compared to 2005.<br>
<br>Their hope is that adopting eco-friendly fuel to suppress emissions might make service jets more appealing to ecologically mindful buyers - particularly corporations dealing with questions over sustainability from shareholders or green campaign groups.<br>
<br>The [schedule](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) of less contaminating personal jets could likewise spare the abundant and well-known the unfavorable promotion [experienced](https://www.pinterest.com.au/missionnewenergy/) by Britain's Prince Harry and his other half Meghan over a recent [personal jet](https://stocktwits.com/symbol/MNEL) trip to southern France.<br>
<br>Five Gulfstream jets on display in Las Vegas are using California-produced fuel from inedible beef tallow.<br>
<br>The latest waste-based fuels consist of "fats, grease and oils that are byproducts of the food industry," said Bryan Sherbacow, primary commercial officer of Boston-based [biofuel](https://www.businessnews.com.au/Company/Mission-NewEnergy) manufacturer 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 airplane on [display screen](https://pitchbook.com/profiles/company/51278-86) are expected to be powered by 150,000 gallons of other renewable fuel mixes expected to be pumped at the show.<br>
<br>FLIGHT SHAMING<br>
<br>Private jets account for less than 0.1% of total annual carbon emissions worldwide, however can emit, on average, approximately 20 times more carbon emissions per [traveler](https://forest500.org/rankings/companies/mission-newenergy-limited) mile than jetliners, according to the London-based personal charter company Victor.<br>
<br>Prince Harry has defended his periodic use of private jets to guarantee his household's safety, and has actually said that on the [uncommon events](https://stocktwits.com/symbol/MNEL) he does not fly commercially he offsets his emissions.<br>
<br>But planemakers say incidents such as the furore over his travel plan have included fresh challenges for a market currently aiming to justify its contribution to cutting business costs.<br>
<br>"Incidents of flight shaming involving using private jets are unfortunate when you think about that our industry has actually provided fuel performance improvements of 40% over the previous 40 years," said Bombardier Aviation President David Coleal.<br>
<br>Bombardier believes increased sustainable fuel usage will assist the industry make [inroads](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) with corporations and wealthy purchasers. According to industry information, billionaires only have a 19% service jet ownership rate.<br>
<br>But even an image makeover - with jets sporting stickers like "this aircraft flies on renewable fuels" and organisers including alternative fuel pumps for going to airplanes - is not likely to satisfy all critics at the Oct 22-24 [luxury jet](https://stocktwits.com/symbol/MNEL) occasion.<br>
<br>Environmentalists and some experts stay hesitant that biojetfuels, typically combined 50-50 with kerosene, will make a significant effect on public perceptions about [high-end](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) travel.<br>
<br>"No quantity of [Jatropha](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) or Brazil-nut fuel can make business jets look eco-friendly," said aviation analyst Richard Aboulafia.<br>
<br>Demand from company jet operators for [sustainable fuels](https://pitchbook.com/profiles/company/51278-86) now far goes beyond supply and their interest could drive future production, [Sherbacow stated](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048).<br>
<br>World Energy, which produces 40 million gallons of [biofuel](https://stocktwits.com/symbol/MNEL) at its California plant, might expand production up to 150 million gallons by 2022.<br>
<br>Corporate charter business and consultants are also seeing more interest from consumers who desire to purchase carbon credits to [offset emissions](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) from their [flights](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm).<br>
<br>Brian Proctor, CEO of Mente Group, a U.S. consultancy, stated emissions contributed in a [business jet](https://www.zoominfo.com/c/mission-newenergy/346542889) usage research study his company recently completed for a Fortune 500 business.<br>
<br>"At the end of the day, I think that cost, expense per hour, variety, speed and performance, that's still the (sales) chauffeur. But I believe people are becoming more knowledgeable about the sustainability of operations and how it impacts the planet." (Reporting By Allison Lampert, Editing by Tim Hepher and Alexandra Hudson)<br>