commit ca87e6c13197d755bf09fd785ef9a3458f30ff03 Author: elizabeth49f48 Date: Sat Jan 18 04:53:50 2025 +0100 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..dbd92c5 --- /dev/null +++ b/Clean-Getaway%3A-Meat-Waste-Joins-Biofuels-At-Luxury-Jet-Show.md @@ -0,0 +1,24 @@ +
By Allison Lampert
+
LAS VEGAS, Oct 22 (Reuters) - At the [world's biggest](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) industry show in Las Vegas high-end jets are enticing buyers with their sleek silhouettes, luxurious cabins - and progressively, their use of alternative fuels.
+
Fuel producers and jetmakers are eager to [display](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) novel types of air travel fuel deemed less damaging to the environment, from used cooking oil to the definitely less attractive meat waste.
+
[Business](https://www.zoominfo.com/c/mission-newenergy/346542889) jet operators, like airlines, have actually bowed to ecological pressure on aviation and devoted to cutting in half carbon emissions by 2050 compared with 2005.
+
Their hope is that adopting sustainable fuel to curb emissions might make organization jets more appealing to [ecologically mindful](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) purchasers - especially corporations facing concerns over sustainability from investors or green project groups.
+
The [availability](https://www.crunchbase.com/organization/mission-newenergy) of less jets could likewise spare the abundant and popular the negative publicity [experienced](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) by [Britain's Prince](https://pitchbook.com/profiles/company/51278-86) Harry and his spouse Meghan over a recent personal jet trip to southern France.
+
Five [Gulfstream jets](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) on screen in Las Vegas are utilizing California-produced fuel from [inedible beef](https://www.crunchbase.com/organization/mission-newenergy) tallow.
+
The current waste-based fuels include "fats, grease and oils that are byproducts of the food market," stated Bryan Sherbacow, primary commercial officer of Boston-based [biofuel](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) producer World Energy, which produces fuel from meat waste used by [Gulfstream](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/).
+
"All of our product is inedible."
+
A few of the other 79 airplane on screen are anticipated to be powered by 150,000 gallons of other renewable fuel blends anticipated to be pumped at the program.
+
FLIGHT SHAMING
+
Private jets account for less than 0.1% of total annual carbon emissions globally, however can emit, on average, as much as 20 times more carbon emissions per traveler mile than jetliners, according to the London-based personal charter firm Victor.
+
Prince Harry has actually protected his occasional use of personal jets to guarantee his family's security, and has actually stated that on the rare events he does not fly commercially he offsets his emissions.
+
But planemakers say [incidents](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) such as the furore over his schedule have included fresh difficulties for an industry currently making every effort to justify its contribution to cutting business costs.
+
"Incidents of flight shaming involving making use of private jets are regrettable when you consider that our market has actually delivered fuel effectiveness enhancements of 40% over the previous 40 years," stated Bombardier [Aviation President](https://pitchbook.com/profiles/company/51278-86) David Coleal.
+
[Bombardier](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) believes increased sustainable fuel use will assist the market make inroads with corporations and rich buyers. According to market data, billionaires only have a 19% service jet ownership rate.
+
But even an image [remodeling -](https://stocktwits.com/symbol/MNEL) with jets sporting stickers like "this airplane flies on eco-friendly fuels" and organisers including alternative fuel pumps for checking out airplanes - is unlikely to please all critics at the Oct 22-24 luxury jet event.
+
[Environmentalists](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) and some analysts stay skeptical that biojetfuels, generally combined 50-50 with kerosene, will make a substantial influence on public perceptions about luxury travel.
+
"No quantity of [Jatropha](https://pitchbook.com/profiles/company/51278-86) or Brazil-nut fuel can make company jets look eco-friendly," said aviation analyst Richard Aboulafia.
+
Demand from organization jet operators for [renewable fuels](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) now far goes beyond supply and their interest might drive future production, Sherbacow stated.
+
World Energy, which produces 40 million gallons of [biofuel](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) at its California plant, could expand production as much as 150 million gallons by 2022.
+
Corporate charter business and specialists are likewise seeing more interest from consumers who wish to buy carbon credits to balance out emissions from their flights.
+
Brian Proctor, CEO of Mente Group, a U.S. consultancy, [stated emissions](https://stocktwits.com/symbol/MNEL) played a role in a business jet usage research study his company just recently finished for a Fortune 500 business.
+
"At the end of the day, I believe that price, expense per hour, range, speed and performance, that's still the (sales) driver. But I believe people are becoming more conscious of the sustainability of operations and how it affects the world." (Reporting By Allison Lampert, Editing by Tim Hepher and [Alexandra](https://pitchbook.com/profiles/company/51278-86) Hudson)
\ No newline at end of file