From a595fedb6699d36bed0f85a5091e2efdd674876c Mon Sep 17 00:00:00 2001 From: brendanosterma Date: Fri, 17 Jan 2025 20:49:10 +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..99baa11 --- /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 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.
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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.
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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.
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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.
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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.
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Five Gulfstream jets on display in Las Vegas are using California-produced fuel from inedible beef tallow.
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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.
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"All of our item is inedible."
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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.
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FLIGHT SHAMING
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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.
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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.
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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.
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"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.
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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.
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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.
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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.
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"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.
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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).
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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.
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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).
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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.
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"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)
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