From 63ebf8c44931b8bc47ed64d211bda77a072729ed Mon Sep 17 00:00:00 2001 From: rebekahcovingt Date: Sun, 12 Jan 2025 15:37:27 +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..0f350bd --- /dev/null +++ b/Clean-Getaway%3A-Meat-Waste-Joins-Biofuels-At-Luxury-Jet-Show.md @@ -0,0 +1,24 @@ +
By [Allison](https://pitchbook.com/profiles/company/51278-86) Lampert
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LAS VEGAS, Oct 22 (Reuters) - At the world's biggest industry program in Las Vegas luxury jets are enticing buyers with their sleek shapes, [plush cabins](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) - and increasingly, their use of alternative fuels.
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Fuel manufacturers and jetmakers are keen to display unique kinds of aviation fuel considered less hazardous to the environment, from utilized cooking oil to the definitely less [glamorous meat](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) waste.
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Business jet operators, like airlines, have acquiesced ecological pressure on air travel and devoted to emissions by 2050 compared with 2005.
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Their hope is that adopting sustainable fuel to curb emissions could make organization jets more appealing to ecologically conscious purchasers - particularly corporations dealing with questions over sustainability from investors or green campaign groups.
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The schedule of less [contaminating private](https://www.bloomberg.com/profile/company/MNELF:US) jets could likewise spare the rich and famous the negative publicity experienced by Britain's Prince Harry and his partner Meghan over a recent personal jet trip to southern France.
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Five Gulfstream jets on [display screen](https://forest500.org/rankings/companies/mission-newenergy-limited) in Las Vegas are using California-produced fuel from inedible beef tallow.
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The newest waste-based fuels consist of "fats, grease and oils that are byproducts of the food market," stated Bryan Sherbacow, chief commercial officer of Boston-based [biofuel](https://www.pinterest.com.au/missionnewenergy/) producer World Energy, which produces fuel from meat waste utilized by Gulfstream.
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"All of our product is inedible."
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A few of the other 79 aircraft on screen are expected to be powered by 150,000 gallons of other renewable fuel [mixes expected](https://www.zoominfo.com/c/mission-newenergy/346542889) to be pumped at the show.
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FLIGHT SHAMING
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Private jets represent less than 0.1% of total yearly carbon emissions worldwide, but can give off, typically, up to 20 times more [carbon emissions](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) per [guest mile](https://stocktwits.com/symbol/MNEL) than jetliners, according to the London-based private charter firm Victor.
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Prince Harry has [protected](https://www.pinterest.com.au/missionnewenergy/) his occasional use of [private jets](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) to guarantee 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 stated that on the rare celebrations he does not fly commercially he offsets his emissions.
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But planemakers say occurrences such as the furore over his itinerary have actually added fresh obstacles for an industry already striving to validate its contribution to cutting corporate costs.
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"Incidents of flight shaming involving using private jets are regrettable when you consider that our market has actually delivered 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 use will assist the industry make inroads with corporations and wealthy purchasers. According to industry information, [billionaires](https://www.google.com/search?kgmid=/m/0cqd_rb) only have a 19% company jet ownership rate.
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But even an image makeover - with jets sporting sticker labels like "this aircraft flies on renewable fuels" and organisers including alternative fuel pumps for checking out [planes -](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) is not likely to please all critics at the Oct 22-24 high-end jet event.
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Environmentalists and some experts stay hesitant that biojetfuels, generally blended 50-50 with kerosene, will make a considerable effect on [public perceptions](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) about luxury travel.
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"No amount of [jatropha curcas](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) 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 renewable fuels now far goes beyond supply and their interest could drive future production, Sherbacow stated.
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World Energy, which produces 40 million gallons of [biofuel](https://stocktwits.com/symbol/MNEL) at its California plant, could expand production approximately 150 million gallons by 2022.
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Corporate charter companies and experts are also seeing more interest from [customers](https://www.zoominfo.com/c/mission-newenergy/346542889) who desire to buy carbon credits to [balance](https://www.crunchbase.com/organization/mission-newenergy) out emissions from their [flights](https://forest500.org/rankings/companies/mission-newenergy-limited).
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Brian Proctor, CEO of Mente Group, a U.S. consultancy, said emissions played a role in a corporate jet usage research study his company recently completed for a Fortune 500 company.
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"At the end of the day, I think that rate, expense per hour, variety, speed and performance, that's still the (sales) chauffeur. But I believe people are ending up being more conscious of the sustainability of operations and how it affects the world." (Reporting By Allison Lampert, Editing by [Tim Hepher](https://forest500.org/rankings/companies/mission-newenergy-limited) and Alexandra Hudson)
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