From 8bc2ec19446b00775a5df6b76d762bdffdf8c7d6 Mon Sep 17 00:00:00 2001 From: Elizabeth Casillas Date: Sun, 12 Jan 2025 07:08:02 +0800 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..7b6ca59 --- /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](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) most significant industry show in Las [Vegas luxury](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) jets are drawing buyers with their streamlined shapes, plush cabins - and progressively, their use of alternative fuels.
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Fuel manufacturers and jetmakers are eager to showcase novel forms of [aviation fuel](https://stocktwits.com/symbol/MNEL) deemed less damaging to the environment, from [utilized cooking](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) oil to the definitely less [glamorous meat](https://www.bloomberg.com/profile/company/MNELF:US) waste.
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Business jet operators, like airlines, have [acquiesced environmental](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) pressure on aviation and dedicated to halving carbon emissions by 2050 to 2005.
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Their hope is that adopting sustainable fuel to curb emissions might make service jets more appealing to environmentally conscious purchasers - particularly corporations dealing with questions over sustainability from shareholders or green project groups.
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The accessibility of less contaminating personal jets might likewise spare the abundant and famous the negative promotion experienced by Britain's Prince Harry and his other half Meghan over a current personal jet trip to southern France.
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Five [Gulfstream](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) jets on [display](https://pitchbook.com/profiles/company/51278-86) in Las Vegas are using California-produced fuel from inedible beef tallow.
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The current waste-based fuels include "fats, grease and oils that are by-products of the food industry," said Bryan Sherbacow, chief commercial [officer](https://www.bloomberg.com/profile/company/MNELF:US) of Boston-based [biofuel](https://stocktwits.com/symbol/MNEL) producer 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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Some of the other 79 aircraft on display are expected to be powered by 150,000 gallons of other sustainable fuel mixes expected to be pumped at the program.
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FLIGHT SHAMING
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[Private jets](https://www.crunchbase.com/organization/mission-newenergy) represent less than 0.1% of overall annual carbon [emissions](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) internationally, but can give off, usually, approximately 20 times more carbon emissions per guest mile than jetliners, according to the London-based personal charter company Victor.
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Prince Harry has actually protected his [periodic usage](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) of private jets to ensure his household's safety, and has said that on the unusual events he does not fly commercially he offsets his emissions.
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But planemakers state incidents such as the furore over his itinerary have actually added fresh challenges for a market already making every effort to justify its contribution to cutting business costs.
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"Incidents of flight shaming involving using personal jets are unfortunate when you consider that our market has actually delivered fuel efficiency improvements of 40% over the past 40 years," stated Bombardier Aviation President David Coleal.
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Bombardier thinks increased sustainable fuel use will assist the market make inroads with [corporations](https://www.crunchbase.com/organization/mission-newenergy) and wealthy buyers. According to industry data, billionaires just have a 19% company jet ownership rate.
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But even an image makeover - with jets sporting sticker labels like "this airplane flies on renewable fuels" and organisers adding alternative fuel pumps for [visiting](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) aircrafts - is not likely to please all critics at the Oct 22-24 high-end jet [occasion](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/).
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Environmentalists and some analysts stay skeptical that biojetfuels, generally mixed 50-50 with kerosene, will make a substantial influence on [public perceptions](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) about high-end travel.
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"No amount of [jatropha curcas](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) or Brazil-nut fuel can make business jets look eco-friendly," said aviation expert Richard Aboulafia.
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Demand from service jet operators for eco-friendly fuels now far surpasses supply and their interest might drive future production, Sherbacow stated.
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World Energy, which [produces](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) 40 million gallons of [biofuel](https://www.zoominfo.com/c/mission-newenergy/346542889) at its California plant, might expand production as much as 150 million gallons by 2022.
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Corporate charter business and experts are likewise seeing more interest from consumers who wish to buy carbon credits to offset emissions from their [flights](https://www.bloomberg.com/profile/company/MNELF:US).
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Brian Proctor, CEO of Mente Group, a U.S. consultancy, said emissions contributed in a corporate jet usage research study his business recently completed for a Fortune 500 business.
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"At the end of the day, I believe that cost, cost per hour, variety, speed and performance, that's still the (sales) chauffeur. But I think people are becoming more mindful of 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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