Add Clean Getaway: Meat Waste Joins Biofuels At Luxury Jet Show
parent
7ef60922af
commit
d86f391290
|
@ -0,0 +1,24 @@
|
||||||
|
<br>By Allison Lampert<br>
|
||||||
|
<br>LAS VEGAS, Oct 22 (Reuters) - At the world's most significant [industry](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) show in Las [Vegas high-end](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) jets are drawing buyers with their sleek silhouettes, [plush cabins](https://pitchbook.com/profiles/company/51278-86) - and significantly, their usage of alternative fuels.<br>
|
||||||
|
<br>Fuel manufacturers and [jetmakers](https://www.businessnews.com.au/Company/Mission-NewEnergy) are keen to display unique types of aviation fuel considered less damaging to the environment, from [utilized cooking](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) oil to the clearly less attractive meat waste.<br>
|
||||||
|
<br>Business jet operators, like airline companies, have actually acquiesced environmental pressure on air travel and devoted 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](https://pitchbook.com/profiles/company/51278-86) jets more attractive to environmentally mindful buyers - particularly [corporations](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) facing concerns over sustainability from [investors](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) or green project groups.<br>
|
||||||
|
<br>The availability of less polluting personal jets could also spare the [abundant](https://www.businessnews.com.au/Company/Mission-NewEnergy) and well-known the negative publicity experienced by Britain's Prince Harry and his better half Meghan over a current personal jet trip to southern France.<br>
|
||||||
|
<br>Five Gulfstream jets on display in Las Vegas are using California-produced fuel from [inedible](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) beef tallow.<br>
|
||||||
|
<br>The most recent waste-based fuels consist of "fats, grease and oils that are byproducts of the food market," said Bryan Sherbacow, primary business officer of Boston-based [biofuel](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) manufacturer World Energy, which produces fuel from meat waste used by Gulfstream.<br>
|
||||||
|
<br>"All of our item is inedible."<br>
|
||||||
|
<br>A few of the other 79 aircraft on display are anticipated to be powered by 150,000 gallons of other sustainable fuel blends anticipated to be pumped at the program.<br>
|
||||||
|
<br>FLIGHT SHAMING<br>
|
||||||
|
<br>Private jets account for less than 0.1% of total annual carbon emissions internationally, however can produce, usually, as much as 20 times more [carbon emissions](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) per traveler mile than jetliners, according to the London-based private charter company Victor.<br>
|
||||||
|
<br>Prince Harry has actually defended his occasional use of personal jets to ensure his household's safety, and has said that on the rare events he does not fly [commercially](https://www.crunchbase.com/organization/mission-newenergy) he offsets his emissions.<br>
|
||||||
|
<br>But [planemakers](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) state incidents such as the furore over his travel plan have added fresh obstacles for an industry already striving to validate its contribution to cutting business costs.<br>
|
||||||
|
<br>"Incidents of flight shaming involving making use of private jets are unfortunate when you think about that our market has actually delivered fuel effectiveness improvements of 40% over the past 40 years," said Bombardier Aviation President David Coleal.<br>
|
||||||
|
<br>Bombardier thinks increased sustainable fuel use will help the market make inroads with [corporations](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) and rich buyers. According to [industry](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) information, billionaires only have a 19% service jet ownership rate.<br>
|
||||||
|
<br>But even an image remodeling - with jets sporting sticker labels like "this airplane flies on renewable fuels" and organisers including alternative fuel pumps for visiting planes - is not likely to please all critics at the Oct 22-24 high-end jet occasion.<br>
|
||||||
|
<br>Environmentalists and some experts remain doubtful that biojetfuels, usually mixed 50-50 with kerosene, will make a substantial influence on public understandings about luxury travel.<br>
|
||||||
|
<br>"No quantity of [Jatropha](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 service jets look eco-friendly," stated air travel analyst Richard Aboulafia.<br>
|
||||||
|
<br>Demand from operators for eco-friendly fuels now far surpasses supply and their interest could drive future production, Sherbacow stated.<br>
|
||||||
|
<br>World Energy, which produces 40 million [gallons](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) of [biofuel](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) at its California plant, could broaden production approximately 150 million gallons by 2022.<br>
|
||||||
|
<br>Corporate charter business and [consultants](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) are likewise seeing more interest from customers who desire to purchase carbon credits to offset emissions from their flights.<br>
|
||||||
|
<br>Brian Proctor, CEO of Mente Group, a U.S. consultancy, said emissions contributed in a corporate jet utilization study his company just recently completed for a Fortune 500 company.<br>
|
||||||
|
<br>"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 mindful of the sustainability of operations and how it impacts the world." (Reporting By [Allison](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) Lampert, Editing by Tim Hepher and Alexandra Hudson)<br>
|
Loading…
Reference in New Issue