Add Clean Getaway: Meat Waste Joins Biofuels At Luxury Jet Show
parent
c7e8fc7770
commit
93aa285b9f
|
|
@ -0,0 +1,24 @@
|
|||
<br>By Allison Lampert<br>
|
||||
<br>LAS VEGAS, Oct 22 (Reuters) - At the world's greatest industry program in Las Vegas high-end jets are [drawing buyers](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) with their smooth silhouettes, luxurious cabins - and significantly, their use of alternative fuels.<br>
|
||||
<br>Fuel manufacturers and [jetmakers](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) are eager to display unique kinds of air travel fuel considered less damaging to the climate, from used cooking oil to the noticeably less glamorous meat waste.<br>
|
||||
<br>[Business jet](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) operators, like [airline](https://www.businessnews.com.au/Company/Mission-NewEnergy) companies, have actually acquiesced environmental pressure on aviation and committed to cutting in half carbon emissions by 2050 compared with 2005.<br>
|
||||
<br>Their hope is that adopting eco-friendly fuel to suppress emissions could make company jets more attractive to environmentally mindful purchasers - specifically corporations dealing with concerns over sustainability from investors or green campaign groups.<br>
|
||||
<br>The accessibility of less contaminating private jets might also spare the abundant and well-known the unfavorable publicity experienced by Britain's Prince Harry and his wife Meghan over a current personal jet journey to southern France.<br>
|
||||
<br>Five Gulfstream jets on screen in Las Vegas are using California-produced fuel from inedible beef tallow.<br>
|
||||
<br>The most current waste-based fuels include "fats, grease and oils that are by-products of the food market," said Bryan Sherbacow, primary business officer of Boston-based [biofuel](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) [manufacturer](https://www.zoominfo.com/c/mission-newenergy/346542889) 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 airplane on display screen are expected to be powered by 150,000 gallons of other [renewable fuel](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) blends anticipated to be pumped at the show.<br>
|
||||
<br>FLIGHT SHAMING<br>
|
||||
<br>Private jets [represent](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) less than 0.1% of overall annual carbon emissions internationally, but can produce, typically, as much as 20 times more carbon emissions per traveler mile than jetliners, according to the London-based personal Victor.<br>
|
||||
<br>Prince Harry has actually safeguarded his [periodic usage](https://stocktwits.com/symbol/MNEL) of private jets to ensure his family's safety, and has actually said that on the unusual occasions he does not fly commercially he offsets his [emissions](https://www.investing.com/equities/mission-newenergy-ltd-company-profile).<br>
|
||||
<br>But planemakers state incidents such as the furore over his schedule have added [fresh challenges](https://www.crunchbase.com/organization/mission-newenergy) for a market already making every effort to justify its contribution to cutting corporate expenses.<br>
|
||||
<br>"Incidents of flight shaming involving using personal jets are regrettable when you consider that our market has actually provided fuel efficiency improvements of 40% over the previous 40 years," said Bombardier Aviation President David Coleal.<br>
|
||||
<br>[Bombardier believes](https://www.zoominfo.com/c/mission-newenergy/346542889) increased sustainable fuel usage will help the market make inroads with corporations and rich buyers. According to market information, billionaires only have a 19% service jet ownership rate.<br>
|
||||
<br>But even an image remodeling - with jets sporting sticker labels like "this aircraft flies on renewable fuels" and [organisers adding](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) alternative fuel pumps for checking out planes - is not likely to satisfy all critics at the Oct 22-24 [luxury jet](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) occasion.<br>
|
||||
<br>Environmentalists and some analysts remain skeptical that biojetfuels, typically mixed 50-50 with kerosene, will make a significant influence on public perceptions about luxury travel.<br>
|
||||
<br>"No amount of [jatropha curcas](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) or Brazil-nut fuel can make service jets look eco-friendly," stated aviation expert [Richard Aboulafia](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html).<br>
|
||||
<br>Demand from company jet operators for eco-friendly fuels now far exceeds supply and their interest could drive future production, Sherbacow stated.<br>
|
||||
<br>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](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) plant, might broaden production approximately 150 million gallons by 2022.<br>
|
||||
<br>Corporate charter [companies](https://pitchbook.com/profiles/company/51278-86) and experts are also seeing more interest from clients who wish to buy carbon credits to balance out emissions from their [flights](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608).<br>
|
||||
<br>Brian Proctor, CEO of Mente Group, a U.S. consultancy, said emissions contributed in a business jet usage research study his business recently completed for a Fortune 500 business.<br>
|
||||
<br>"At the end of the day, I think that price, cost per hour, range, speed and performance, that's still the (sales) motorist. But I believe people are ending up being more conscious of the sustainability of operations and how it impacts the world." (Reporting By [Allison](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) Lampert, Editing by Tim Hepher and Alexandra Hudson)<br>
|
||||
Loading…
Reference in a new issue