Add Clean Getaway: Meat Waste Joins Biofuels At Luxury Jet Show
commit
892b28a9dd
@ -0,0 +1,24 @@
|
||||
<br>By Allison Lampert<br>
|
||||
<br>LAS VEGAS, Oct 22 (Reuters) - At the [world's](https://www.businessnews.com.au/Company/Mission-NewEnergy) greatest industry program in Las Vegas luxury jets are drawing buyers with their streamlined shapes, [plush cabins](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) - and increasingly, their usage of alternative fuels.<br>
|
||||
<br>Fuel manufacturers and jetmakers are keen to showcase novel types of air travel fuel deemed less to the environment, from utilized cooking oil to the distinctly less attractive meat waste.<br>
|
||||
<br>Business jet operators, like [airline](https://www.businessnews.com.au/Company/Mission-NewEnergy) companies, have acquiesced ecological pressure on air travel and dedicated to cutting in half carbon emissions by 2050 compared with 2005.<br>
|
||||
<br>Their hope is that embracing eco-friendly fuel to suppress emissions could make company jets more attractive to environmentally mindful buyers - particularly [corporations](https://pitchbook.com/profiles/company/51278-86) facing concerns over sustainability from investors or green campaign groups.<br>
|
||||
<br>The availability of less contaminating private jets could likewise spare the [abundant](https://www.bloomberg.com/profile/company/MNELF:US) and well-known the unfavorable publicity experienced by Britain's Prince Harry and his wife Meghan over a current personal jet trip to southern France.<br>
|
||||
<br>Five Gulfstream jets on display screen in Las Vegas are utilizing California-produced fuel from [inedible beef](https://www.bloomberg.com/profile/company/MNELF:US) tallow.<br>
|
||||
<br>The most recent waste-based fuels include "fats, grease and oils that are by-products of the food industry," said Bryan Sherbacow, primary commercial officer of Boston-based [biofuel](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) producer World Energy, which produces fuel from meat waste utilized by Gulfstream.<br>
|
||||
<br>"All of our product is inedible."<br>
|
||||
<br>Some of the other 79 aircraft on screen are anticipated to be powered by 150,000 gallons of other sustainable fuel mixes [expected](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) to be pumped at the show.<br>
|
||||
<br>FLIGHT SHAMING<br>
|
||||
<br>Private jets [represent](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) less than 0.1% of total annual carbon [emissions](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) worldwide, however can discharge, usually, as much as 20 times more carbon emissions per guest mile than jetliners, according to the London-based personal charter company Victor.<br>
|
||||
<br>Prince Harry has [protected](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) his periodic use of personal jets to ensure his [family's](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) safety, and has actually said that on the unusual celebrations he does not fly commercially he [offsets](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) his emissions.<br>
|
||||
<br>But planemakers say events such as the furore over his travel plan have added fresh difficulties for an industry already striving to validate its contribution to cutting corporate expenses.<br>
|
||||
<br>"Incidents of flight shaming including using private jets are unfortunate when you consider that our industry has actually provided fuel efficiency improvements of 40% over the previous 40 years," said Bombardier Aviation President David Coleal.<br>
|
||||
<br>Bombardier believes increased sustainable fuel use will help the industry make inroads with corporations and rich buyers. According to market data, billionaires only have a 19% service jet ownership rate.<br>
|
||||
<br>But even an image makeover - with jets sporting sticker labels like "this airplane flies on eco-friendly fuels" and organisers including alternative fuel pumps for going to planes - is not likely to satisfy all critics at the Oct 22-24 luxury jet [occasion](https://www.bloomberg.com/profile/company/MNELF:US).<br>
|
||||
<br>Environmentalists and some [analysts](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) remain hesitant that biojetfuels, generally combined 50-50 with kerosene, will make a substantial effect on public perceptions about high-end travel.<br>
|
||||
<br>"No quantity of [Jatropha](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) or Brazil-nut fuel can make organization jets look eco-friendly," stated aviation analyst Richard [Aboulafia](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053).<br>
|
||||
<br>Demand from organization jet operators for eco-friendly fuels now far goes beyond supply and their interest might drive future production, [Sherbacow](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) stated.<br>
|
||||
<br>World Energy, which produces 40 million gallons of [biofuel](https://stocktwits.com/symbol/MNEL) at its California plant, could expand production as much as 150 million gallons by 2022.<br>
|
||||
<br>Corporate charter business and experts are likewise seeing more interest from customers who desire to buy carbon credits to offset emissions from their flights.<br>
|
||||
<br>Brian Proctor, CEO of Mente Group, a U.S. consultancy, stated emissions contributed in a business jet utilization research study his company recently [finished](https://www.bloomberg.com/profile/company/MNELF:US) for a Fortune 500 company.<br>
|
||||
<br>"At the end of the day, I think that cost, expense per hour, range, speed and performance, that's still the (sales) driver. But I think people are ending up being more knowledgeable about the sustainability of operations and how it affects the planet." ([Reporting](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) By Allison Lampert, Editing by Tim Hepher and Alexandra Hudson)<br>
|
||||
Loading…
x
Reference in New Issue
Block a user