From 59fbdf739eb622637d7b766d74dacf96cf8b7a07 Mon Sep 17 00:00:00 2001 From: ray1888876546 Date: Fri, 17 Jan 2025 12:43:02 +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..586361f --- /dev/null +++ b/Clean-Getaway%3A-Meat-Waste-Joins-Biofuels-At-Luxury-Jet-Show.md @@ -0,0 +1,24 @@ +
By [Allison](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) Lampert
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LAS VEGAS, Oct 22 (Reuters) - At the world's most significant industry program in Las Vegas luxury jets are [drawing buyers](https://www.bloomberg.com/profile/company/MNELF:US) with their sleek silhouettes, plush cabins - and progressively, their use of alternative fuels.
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Fuel and jetmakers are eager to showcase unique types of aviation fuel considered less harmful to the environment, from utilized cooking oil to the distinctly less attractive meat waste.
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Business jet operators, like airline companies, have bowed to environmental pressure on air travel and devoted to halving carbon emissions by 2050 compared to 2005.
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Their hope is that adopting eco-friendly fuel to suppress emissions might make [organization jets](https://pitchbook.com/profiles/company/51278-86) more appealing to environmentally mindful buyers - especially corporations facing questions over sustainability from investors or green campaign groups.
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The accessibility of less [polluting private](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) jets might likewise spare the [abundant](https://www.bloomberg.com/profile/company/MNELF:US) and popular the negative promotion experienced by Britain's Prince Harry and his wife Meghan over a current personal jet trip to [southern France](https://www.google.com/search?kgmid=/m/0cqd_rb).
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Five Gulfstream jets on display 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 by-products of the food industry," stated Bryan Sherbacow, chief industrial officer of Boston-based [biofuel](https://www.crunchbase.com/organization/mission-newenergy) manufacturer World Energy, which produces fuel from meat waste used by Gulfstream.
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"All of our product is inedible."
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Some of the other 79 aircraft on screen are anticipated to be powered by 150,000 gallons of other renewable fuel [mixes anticipated](https://www.crunchbase.com/organization/mission-newenergy) to be pumped at the show.
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FLIGHT SHAMING
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Private jets represent less than 0.1% of overall yearly carbon [emissions](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) worldwide, but can discharge, typically, up to 20 times more carbon emissions per passenger mile than jetliners, according to the London-based personal charter company Victor.
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Prince Harry has actually defended his periodic use of private jets to guarantee his household's security, and has actually said that on the unusual events he does not [fly commercially](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) he offsets his emissions.
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But planemakers state [occurrences](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) such as the furore over his [schedule](https://forest500.org/rankings/companies/mission-newenergy-limited) have actually included fresh [difficulties](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) for an industry already aiming to justify its contribution to cutting business expenses.
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"Incidents of flight shaming involving the use of personal jets are regrettable when you consider that our industry has provided fuel efficiency enhancements of 40% over the previous 40 years," stated Bombardier Aviation President David Coleal.
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[Bombardier](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) believes increased sustainable fuel usage will help the industry make [inroads](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) with corporations and rich purchasers. According to industry data, billionaires just have a 19% [business jet](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) ownership rate.
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But even an image transformation - with jets sporting [stickers](https://www.google.com/search?kgmid=/m/0cqd_rb) like "this airplane flies on eco-friendly fuels" and organisers adding alternative fuel pumps for going to aircrafts - is unlikely to satisfy all critics at the Oct 22-24 high-end jet occasion.
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Environmentalists and some [experts stay](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) doubtful that biojetfuels, typically blended 50-50 with kerosene, will make a substantial influence on public understandings about high-end travel.
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"No amount of [jatropha curcas](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) or Brazil-nut fuel can make business jets look eco-friendly," said air travel analyst Richard Aboulafia.
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Demand from service jet operators for eco-friendly fuels now far goes beyond supply and their interest could drive future production, Sherbacow said.
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World Energy, which produces 40 million gallons of [biofuel](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) at its California plant, could broaden production approximately 150 million gallons by 2022.
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Corporate charter companies and experts are also seeing more interest from consumers 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, said emissions played a function in a business jet utilization study his business just recently finished for a Fortune 500 company.
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"At the end of the day, I believe that price, cost per hour, range, speed and performance, that's still the (sales) motorist. But I think individuals are ending up being more knowledgeable about 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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