From 2b31a169a6c0a2bc1e9b59ab31f06567a8491932 Mon Sep 17 00:00:00 2001 From: fmbefrain15725 Date: Fri, 17 Jan 2025 23:20:32 +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..429bc50 --- /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 biggest market program in Las Vegas luxury jets are enticing buyers with their streamlined shapes, [luxurious cabins](https://pitchbook.com/profiles/company/51278-86) - and increasingly, their usage of alternative fuels.
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Fuel producers and jetmakers are eager to showcase unique types of aviation fuel considered less damaging to the climate, from used cooking oil to the [noticeably](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) less attractive meat waste.
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Business jet operators, like airlines, have bowed to environmental pressure on aviation and committed to cutting in half carbon emissions by 2050 compared to 2005.
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Their hope is that adopting eco-friendly fuel to suppress emissions could make [business jets](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) more [attractive](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) to environmentally mindful buyers - particularly corporations dealing with concerns over sustainability from [investors](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) or [green campaign](https://www.businessnews.com.au/Company/Mission-NewEnergy) groups.
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The [accessibility](https://www.pinterest.com.au/missionnewenergy/) of less [contaminating personal](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) jets might likewise spare the abundant and popular the unfavorable publicity experienced by Britain's Prince Harry and his wife Meghan over a current private jet trip to southern France.
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Five Gulfstream jets on screen in Las Vegas are utilizing California-produced fuel from inedible beef tallow.
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The most recent [waste-based fuels](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) consist of "fats, grease and oils that are byproducts of the food market," said Bryan Sherbacow, primary commercial officer of Boston-based [biofuel](https://stocktwits.com/symbol/MNEL) producer World Energy, which produces fuel from meat waste utilized by Gulfstream.
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"All of our product is inedible."
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Some of the other 79 airplane on screen are anticipated to be powered by 150,000 gallons of other renewable fuel [mixes expected](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) to be pumped at the show.
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FLIGHT SHAMING
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Private jets represent less than 0.1% of total yearly carbon emissions worldwide, however can discharge, usually, up to 20 times more carbon emissions per guest mile than jetliners, according to the London-based [private charter](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) firm Victor.
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Prince Harry has actually safeguarded his occasional usage of personal jets to his family's security, and has said that on the unusual events he does not fly [commercially](https://pitchbook.com/profiles/company/51278-86) he offsets his emissions.
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But planemakers say incidents such as the furore over his schedule have included fresh difficulties for an industry currently aiming to justify its contribution to cutting business costs.
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"Incidents of flight shaming involving the usage of personal jets are regrettable when you think about that our market has delivered fuel performance enhancements of 40% over the past 40 years," said Bombardier Aviation President David Coleal.
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Bombardier believes increased sustainable fuel use will help the market make inroads with corporations and [wealthy buyers](https://www.businessnews.com.au/Company/Mission-NewEnergy). According to industry information, billionaires just have a 19% business jet ownership rate.
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But even an image transformation - with jets sporting stickers like "this aircraft flies on eco-friendly fuels" and organisers including [alternative fuel](https://www.google.com/search?kgmid=/m/0cqd_rb) pumps for [checking](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) out planes - is not likely to satisfy all critics at the Oct 22-24 luxury jet event.
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Environmentalists and some experts remain doubtful that biojetfuels, normally combined 50-50 with kerosene, will make a substantial influence on public perceptions about high-end travel.
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"No amount of [jatropha curcas](https://www.crunchbase.com/organization/mission-newenergy) or Brazil-nut fuel can make company jets look eco-friendly," stated aviation expert [Richard Aboulafia](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053).
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Demand from business jet operators for eco-friendly fuels now far exceeds supply and their interest could drive future production, [Sherbacow stated](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html).
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World Energy, which [produces](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) 40 million gallons of [biofuel](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) at its California plant, could broaden production as much as 150 million gallons by 2022.
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Corporate charter business and consultants are likewise seeing more interest from customers who want to buy carbon credits to offset emissions from their flights.
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Brian Proctor, CEO of Mente Group, a U.S. consultancy, stated emissions played a function in a business jet usage research study his company just recently completed for a Fortune 500 company.
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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 believe people are becoming more aware of the sustainability of operations and how it impacts the planet." (Reporting By Allison Lampert, Editing by Tim Hepher and Alexandra Hudson)
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