From 8e53764983716eb2a95a2d66f93b0299271c1884 Mon Sep 17 00:00:00 2001 From: darrelguzzi894 Date: Sat, 18 Jan 2025 03:53:53 +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..024a4a1 --- /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 most significant market program in Las jets are luring buyers with their streamlined shapes, luxurious cabins - and progressively, their usage of alternative fuels.
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Fuel manufacturers and jetmakers are eager to showcase unique types of aviation fuel deemed less hazardous to the environment, from used cooking oil to the clearly less glamorous meat waste.
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Business jet operators, like airlines, have bowed to ecological pressure on air travel and devoted to cutting in half carbon emissions by 2050 compared to 2005.
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Their hope is that embracing eco-friendly fuel to suppress emissions might make organization jets more attractive to environmentally mindful purchasers - particularly corporations facing questions over sustainability from shareholders or green project groups.
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The accessibility of less [contaminating personal](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) jets might also spare the rich and well-known the unfavorable publicity experienced by Britain's Prince Harry and his spouse Meghan over a recent private jet trip to southern France.
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Five Gulfstream jets on display screen in Las Vegas are utilizing California-produced fuel from inedible beef tallow.
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The current waste-based [fuels consist](https://www.bloomberg.com/profile/company/MNELF:US) of "fats, grease and oils that are byproducts of the food industry," said Bryan Sherbacow, primary business officer of Boston-based [biofuel](https://stocktwits.com/symbol/MNEL) manufacturer World Energy, which produces fuel from [meat waste](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) used by [Gulfstream](https://pitchbook.com/profiles/company/51278-86).
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"All of our product is inedible."
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Some of the other 79 [airplane](https://www.bloomberg.com/profile/company/MNELF:US) on screen are [anticipated](https://pitchbook.com/profiles/company/51278-86) to be powered by 150,000 gallons of other eco-friendly fuel mixes expected to be pumped at the program.
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FLIGHT SHAMING
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Private jets account for less than 0.1% of total annual carbon emissions globally, however can give off, on average, up to 20 times more carbon emissions per guest mile than jetliners, according to the London-based private charter firm Victor.
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Prince Harry has actually safeguarded his occasional use of private jets to ensure his household's safety, and has actually said that on the uncommon events he does not [fly commercially](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) he offsets his emissions.
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But planemakers say [occurrences](https://forest500.org/rankings/companies/mission-newenergy-limited) such as the furore over his travel plan have actually included fresh obstacles for an [industry](https://www.crunchbase.com/organization/mission-newenergy) already making every effort to validate its contribution to cutting business expenses.
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"Incidents of flight shaming involving making use of personal jets are regrettable when you think about that our industry has delivered fuel efficiency enhancements of 40% over the previous 40 years," said Bombardier Aviation President [David Coleal](https://www.pinterest.com.au/missionnewenergy/).
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Bombardier thinks increased sustainable fuel usage will help the industry make inroads with corporations and rich buyers. According to market information, billionaires just have a 19% [organization jet](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) [ownership](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) rate.
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But even an image transformation - with jets sporting sticker labels like "this aircraft flies on sustainable fuels" and organisers including alternative fuel pumps for checking out planes - is not likely to please all critics at the Oct 22-24 luxury jet [occasion](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608).
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Environmentalists and some analysts stay hesitant that biojetfuels, generally mixed 50-50 with kerosene, will make a [substantial impact](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) on [public perceptions](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) about high-end travel.
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"No amount of [jatropha curcas](https://forest500.org/rankings/companies/mission-newenergy-limited) or Brazil-nut fuel can make service jets look eco-friendly," said aviation analyst Richard Aboulafia.
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Demand from service jet operators for renewable fuels now far [exceeds supply](https://www.zoominfo.com/c/mission-newenergy/346542889) and their interest might drive future production, Sherbacow stated.
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World Energy, which produces 40 million gallons of [biofuel](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) at its California plant, might broaden production as much as 150 million gallons by 2022.
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Corporate charter companies and consultants are likewise seeing more interest from consumers 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, said emissions played a [function](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) in a business jet utilization research study his business just recently completed for a Fortune 500 company.
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"At the end of the day, I think that rate, cost per hour, range, speed and efficiency, that's still the (sales) driver. But I believe people are ending up being more mindful of the sustainability of operations and how it impacts the planet." (Reporting By Allison Lampert, Editing by [Tim Hepher](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) and Alexandra Hudson)
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