Add Clean Getaway: Meat Waste Joins Biofuels At Luxury Jet Show
commit
ef05d1f582
|
|
@ -0,0 +1,24 @@
|
|||
<br>By Allison Lampert<br>
|
||||
<br>LAS VEGAS, Oct 22 (Reuters) - At the world's biggest market program in Las Vegas luxury jets are tempting buyers with their [streamlined](https://www.zoominfo.com/c/mission-newenergy/346542889) shapes, [luxurious cabins](https://www.google.com/search?kgmid=/m/0cqd_rb) - and significantly, their usage of alternative fuels.<br>
|
||||
<br>Fuel producers and jetmakers are eager to [display unique](https://www.bloomberg.com/profile/company/MNELF:US) types of [aviation fuel](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) considered less harmful to the climate, from used cooking oil to the definitely less glamorous meat waste.<br>
|
||||
<br>Business jet operators, like airlines, have bowed to environmental pressure on aviation and dedicated to cutting in half carbon emissions by 2050 compared to 2005.<br>
|
||||
<br>Their hope is that embracing eco-friendly fuel to suppress emissions could make business jets more attractive to ecologically mindful [purchasers](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) - especially corporations facing questions over sustainability from investors or green project groups.<br>
|
||||
<br>The availability of less polluting personal jets could also spare the abundant and popular the negative publicity experienced by Britain's Prince Harry and his partner Meghan over a current private jet trip to southern France.<br>
|
||||
<br>Five Gulfstream jets on [display screen](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) in Las Vegas are using California-produced fuel from inedible beef tallow.<br>
|
||||
<br>The newest 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) manufacturer World Energy, which produces fuel from meat waste utilized by Gulfstream.<br>
|
||||
<br>"All of our item is inedible."<br>
|
||||
<br>A few of the other 79 aircraft on display screen are anticipated to be powered by 150,000 gallons of other eco-friendly fuel mixes expected to be pumped at the program.<br>
|
||||
<br>FLIGHT SHAMING<br>
|
||||
<br>Private jets represent less than 0.1% of total annual carbon emissions worldwide, however can emit, on average, as much as 20 times more carbon emissions per passenger mile than jetliners, according to the London-based personal charter firm Victor.<br>
|
||||
<br>Prince Harry has actually protected his occasional usage of private jets to ensure his family's safety, and has stated that on the unusual celebrations he does not fly commercially he offsets his [emissions](https://pitchbook.com/profiles/company/51278-86).<br>
|
||||
<br>But planemakers state [incidents](https://stocktwits.com/symbol/MNEL) such as the furore over his itinerary have actually added fresh obstacles for an industry currently aiming to validate its contribution to cutting business expenses.<br>
|
||||
<br>"Incidents of flight shaming involving using personal jets are regrettable when you consider that our industry has provided fuel performance enhancements of 40% over the previous 40 years," said Bombardier Aviation President David Coleal.<br>
|
||||
<br>[Bombardier believes](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) increased [sustainable fuel](https://www.crunchbase.com/organization/mission-newenergy) use will assist the industry make inroads with corporations and wealthy purchasers. According to market data, billionaires just have a 19% organization jet [ownership rate](https://www.bloomberg.com/profile/company/MNELF:US).<br>
|
||||
<br>But even an image makeover - with jets sporting stickers like "this aircraft flies on renewable fuels" and organisers adding alternative fuel pumps for checking out planes - is not likely to satisfy all critics at the Oct 22-24 [high-end jet](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) occasion.<br>
|
||||
<br>Environmentalists and some experts stay [skeptical](https://forest500.org/rankings/companies/mission-newenergy-limited) that biojetfuels, normally blended 50-50 with kerosene, will make a considerable influence on public perceptions about luxury travel.<br>
|
||||
<br>"No quantity of [jatropha curcas](https://www.crunchbase.com/organization/mission-newenergy) or Brazil-nut fuel can make company jets look eco-friendly," stated air travel analyst Richard [Aboulafia](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048).<br>
|
||||
<br>Demand from service jet [operators](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) for now far exceeds supply and their interest might drive future production, [Sherbacow](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) stated.<br>
|
||||
<br>World Energy, which produces 40 million gallons of [biofuel](https://stocktwits.com/symbol/MNEL) at its California plant, might broaden production approximately 150 million gallons by 2022.<br>
|
||||
<br>Corporate charter business and specialists are likewise seeing more interest from customers who wish to purchase carbon credits to balance out emissions from their flights.<br>
|
||||
<br>Brian Proctor, CEO of Mente Group, a U.S. consultancy, stated emissions contributed in a business jet usage research study his business just recently [finished](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) for a Fortune 500 company.<br>
|
||||
<br>"At the end of the day, I think that price, expense per hour, variety, speed and efficiency, that's still the (sales) motorist. But I believe individuals are ending up being more familiar with the sustainability of operations and how it affects the world." (Reporting By Allison Lampert, Editing by [Tim Hepher](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) and Alexandra Hudson)<br>
|
||||
Loading…
Reference in New Issue
Block a user