From 36aa201e3612b8a4c2ba899bf0a46ce503ceb2bf Mon Sep 17 00:00:00 2001 From: Kerry Ballou Date: Sat, 18 Jan 2025 08:41:39 +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..ac8e61f --- /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 industry show in Las Vegas luxury jets are enticing buyers with their sleek shapes, luxurious cabins - and progressively, their use of alternative fuels.
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Fuel [manufacturers](https://www.pinterest.com.au/missionnewenergy/) and jetmakers are keen to display novel kinds of aviation fuel considered less damaging to the climate, from used cooking oil to the noticeably less glamorous meat waste.
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Business jet operators, like airline companies, have [acquiesced environmental](https://www.bloomberg.com/profile/company/MNELF:US) pressure on aviation and dedicated to cutting in half carbon emissions by 2050 compared to 2005.
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Their hope is that adopting eco-friendly fuel to curb emissions could make business jets more [appealing](https://pitchbook.com/profiles/company/51278-86) to ecologically conscious [purchasers](https://www.bloomberg.com/profile/company/MNELF:US) - especially corporations facing concerns over sustainability from shareholders or green project groups.
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The accessibility of less polluting personal jets might likewise spare the rich and well-known the experienced by Britain's Prince Harry and his wife Meghan over a recent private jet journey to southern France.
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Five Gulfstream jets on display in Las Vegas are using California-produced fuel from inedible [beef tallow](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/).
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The newest waste-based [fuels consist](https://www.zoominfo.com/c/mission-newenergy/346542889) of "fats, grease and oils that are by-products of the food industry," stated Bryan Sherbacow, chief business officer of Boston-based [biofuel](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) 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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A few of the other 79 [aircraft](https://forest500.org/rankings/companies/mission-newenergy-limited) on display screen are anticipated to be powered by 150,000 gallons of other eco-friendly fuel blends expected to be pumped at the program.
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FLIGHT SHAMING
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Private jets represent less than 0.1% of total yearly carbon emissions internationally, but can discharge, on average, up to 20 times more carbon emissions per passenger mile than jetliners, according to the London-based private charter company Victor.
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Prince Harry has actually [safeguarded](https://www.bloomberg.com/profile/company/MNELF:US) his occasional use of personal jets to guarantee his household's security, and has actually said that on the [uncommon occasions](https://www.bloomberg.com/profile/company/MNELF:US) he does not fly commercially he offsets his emissions.
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But planemakers say [incidents](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) such as the furore over his travel plan have included fresh challenges for a market already striving to [validate](https://www.pinterest.com.au/missionnewenergy/) its contribution to cutting corporate costs.
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"Incidents of flight shaming including the use of personal jets are regrettable when you think about that our industry has actually provided fuel efficiency improvements of 40% over the past 40 years," stated Bombardier Aviation President David Coleal.
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Bombardier believes [increased sustainable](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) fuel use will help the industry make inroads with corporations and rich purchasers. According to industry information, billionaires only have a 19% company jet ownership rate.
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But even an image [makeover -](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) with jets sporting stickers like "this airplane flies on renewable fuels" and organisers adding alternative fuel pumps for going to airplanes - is unlikely to please all critics at the Oct 22-24 luxury jet occasion.
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Environmentalists and some [experts](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) remain doubtful that biojetfuels, normally combined 50-50 with kerosene, will make a substantial effect on [public perceptions](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) about [luxury travel](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/).
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"No amount of [jatropha curcas](https://forest500.org/rankings/companies/mission-newenergy-limited) or Brazil-nut fuel can make company jets look eco-friendly," said air travel [analyst](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) Richard Aboulafia.
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Demand from company jet operators for sustainable fuels now far [surpasses supply](https://www.crunchbase.com/organization/mission-newenergy) and their interest might drive future production, Sherbacow said.
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World Energy, which produces 40 million gallons of [biofuel](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) at its California plant, could expand production as much as 150 million gallons by 2022.
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Corporate charter business and specialists are also seeing more interest from clients who wish to buy carbon credits 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 utilization study his business recently finished for a Fortune 500 business.
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"At the end of the day, I believe that cost, expense per hour, variety, speed and performance, that's still the (sales) motorist. But I believe individuals are ending up being more knowledgeable about the sustainability of operations and how it affects the planet." (Reporting By Allison Lampert, Editing by Tim Hepher and Alexandra Hudson)
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