Add Clean Getaway: Meat Waste Joins Biofuels At Luxury Jet Show
commit
4baf4767de
@ -0,0 +1,24 @@
|
||||
<br>By [Allison](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) Lampert<br>
|
||||
<br>LAS VEGAS, Oct 22 (Reuters) - At the world's greatest market program in Las Vegas luxury jets are luring purchasers with their sleek silhouettes, plush cabins - and increasingly, their use of alternative fuels.<br>
|
||||
<br>Fuel producers and jetmakers are keen to display novel forms of [air travel](https://www.google.com/search?kgmid=/m/0cqd_rb) fuel considered less hazardous to the environment, from utilized cooking oil to the clearly less glamorous meat waste.<br>
|
||||
<br>[Business jet](https://www.zoominfo.com/c/mission-newenergy/346542889) operators, like airlines, have actually acquiesced environmental pressure on air travel and committed to halving carbon emissions by 2050 compared to 2005.<br>
|
||||
<br>Their hope is that adopting renewable fuel to suppress emissions could make [company jets](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) more attractive to [ecologically conscious](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) buyers - specifically corporations dealing with concerns over sustainability from investors or green campaign groups.<br>
|
||||
<br>The [schedule](https://forest500.org/rankings/companies/mission-newenergy-limited) of less contaminating private jets might also spare the rich and the unfavorable publicity experienced by Britain's Prince Harry and his partner Meghan over a recent personal jet trip to southern France.<br>
|
||||
<br>Five Gulfstream jets on display in Las Vegas are utilizing California-produced fuel from inedible beef tallow.<br>
|
||||
<br>The latest waste-based fuels include "fats, grease and oils that are by-products of the food market," stated Bryan Sherbacow, primary industrial [officer](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) of Boston-based [biofuel manufacturer](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) 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 aircraft on display are anticipated to be powered by 150,000 gallons of other sustainable fuel mixes anticipated to be pumped at the show.<br>
|
||||
<br>FLIGHT SHAMING<br>
|
||||
<br>Private jets represent less than 0.1% of total yearly carbon emissions internationally, but can release, typically, up to 20 times more [carbon emissions](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) per guest mile than jetliners, according to the London-based [personal charter](https://www.google.com/search?kgmid=/m/0cqd_rb) company Victor.<br>
|
||||
<br>Prince Harry has defended his periodic use of personal jets to guarantee his household's safety, and has said that on the rare events he does not [fly commercially](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) he offsets his emissions.<br>
|
||||
<br>But planemakers state occurrences such as the furore over his itinerary have actually included fresh obstacles for a market currently aiming to justify its contribution to cutting corporate costs.<br>
|
||||
<br>"Incidents of flight shaming involving using personal jets are regrettable when you think about that our market has actually provided fuel performance improvements of 40% over the past 40 years," said Bombardier Aviation President David Coleal.<br>
|
||||
<br>Bombardier believes increased sustainable fuel usage will help the industry make [inroads](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) with corporations and rich purchasers. According to industry data, [billionaires](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) only have a 19% organization jet ownership rate.<br>
|
||||
<br>But even an image transformation - with jets [sporting sticker](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) labels like "this aircraft flies on renewable fuels" and organisers including alternative fuel pumps for checking out airplanes - is unlikely to satisfy all critics at the Oct 22-24 [luxury jet](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) event.<br>
|
||||
<br>Environmentalists and some [experts](https://www.bloomberg.com/profile/company/MNELF:US) remain skeptical that biojetfuels, generally blended 50-50 with kerosene, will make a considerable effect on public perceptions about luxury travel.<br>
|
||||
<br>"No amount of [Jatropha](https://www.pinterest.com.au/missionnewenergy/) or Brazil-nut fuel can make business jets look eco-friendly," said air travel expert Richard Aboulafia.<br>
|
||||
<br>Demand from business jet operators for renewable fuels now far surpasses supply and their interest could drive future production, Sherbacow stated.<br>
|
||||
<br>World Energy, which produces 40 million gallons of [biofuel](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) at its California plant, might broaden production approximately 150 million gallons by 2022.<br>
|
||||
<br>[Corporate charter](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) companies and specialists are also seeing more interest from clients who wish to [buy carbon](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) credits to offset emissions from their flights.<br>
|
||||
<br>Brian Proctor, CEO of Mente Group, a U.S. consultancy, said emissions contributed in a business jet utilization study his company just recently completed for a Fortune 500 business.<br>
|
||||
<br>"At the end of the day, I believe that rate, expense per hour, variety, speed and efficiency, that's still the (sales) motorist. But I believe people are ending up being more familiar with the sustainability of operations and how it impacts the world." (Reporting By Allison Lampert, [Editing](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) by Tim Hepher and Alexandra Hudson)<br>
|
||||
Loading…
x
Reference in New Issue
Block a user