commit 031fb623d384e6ddd132e2e4d2a1447d70a699ed Author: Randal Lamble Date: Sat Jan 18 07:30:16 2025 +0100 Add Clean Getaway: Meat Waste Joins Biofuels At Luxury Jet Show 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..248f87e --- /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 greatest market show in Las [Vegas luxury](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) jets are enticing buyers with their smooth silhouettes, luxurious cabins - and increasingly, their usage of [alternative fuels](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm).
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Fuel manufacturers and jetmakers are eager to types of [air travel](https://www.crunchbase.com/organization/mission-newenergy) fuel deemed less damaging to the environment, from utilized cooking oil to the noticeably less glamorous meat waste.
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Business jet operators, like airlines, have bowed to ecological pressure on aviation and committed to cutting in half carbon emissions by 2050 compared with 2005.
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Their hope is that adopting eco-friendly fuel to [suppress emissions](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) could make [organization](https://www.zoominfo.com/c/mission-newenergy/346542889) jets more attractive to ecologically conscious purchasers - particularly corporations dealing with concerns over sustainability from investors or green campaign groups.
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The accessibility of less [polluting private](https://www.businessnews.com.au/Company/Mission-NewEnergy) jets might likewise spare the rich and popular the negative promotion [experienced](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) by Britain's Prince Harry and his spouse Meghan over a recent private jet journey to southern France.
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Five Gulfstream jets on [display screen](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) in Las Vegas are using California-produced fuel from inedible beef tallow.
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The current waste-based fuels include "fats, grease and oils that are by-products of the food industry," stated Bryan Sherbacow, primary business officer of Boston-based [biofuel](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) manufacturer 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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A few of the other 79 airplane on display are expected to be powered by 150,000 [gallons](https://pitchbook.com/profiles/company/51278-86) of other sustainable fuel mixes expected to be pumped at the show.
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FLIGHT SHAMING
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Private jets account for less than 0.1% of total annual carbon emissions worldwide, however can produce, usually, approximately 20 times more carbon emissions per guest mile than jetliners, according to the London-based private charter firm Victor.
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Prince Harry has protected his periodic usage of private jets to ensure his [household's](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) safety, and has actually stated that on the unusual occasions he does not fly commercially he offsets his emissions.
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But planemakers state incidents such as the furore over his schedule have added fresh difficulties for an industry currently aiming to validate its contribution to cutting business expenses.
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"Incidents of flight shaming including using private jets are unfortunate when you think about that our industry has provided fuel performance improvements of 40% over the past 40 years," stated Bombardier Aviation President David Coleal.
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Bombardier thinks increased sustainable fuel use will assist the industry make inroads with corporations and wealthy buyers. According to industry data, billionaires just have a 19% organization jet ownership rate.
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But even an image transformation - with jets sporting sticker labels like "this airplane flies on sustainable fuels" and organisers including alternative fuel pumps for checking out airplanes - is not likely to please all critics at the Oct 22-24 luxury jet [occasion](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608).
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[Environmentalists](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) and some experts remain hesitant that biojetfuels, generally [combined](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) 50-50 with kerosene, will make a substantial influence on public understandings about luxury travel.
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"No amount of [Jatropha](https://pitchbook.com/profiles/company/51278-86) or Brazil-nut fuel can make service 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 surpasses supply and their interest might drive future production, Sherbacow stated.
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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 [expand production](https://www.google.com/search?kgmid=/m/0cqd_rb) as much as 150 million gallons by 2022.
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Corporate charter companies and consultants are also seeing more interest from customers who wish to [buy carbon](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) credits to [offset emissions](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) from their [flights](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/).
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Brian Proctor, CEO of Mente Group, a U.S. consultancy, stated emissions played a role in a corporate jet utilization research study his company just recently completed for a [Fortune](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) 500 business.
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"At the end of the day, I believe that cost, cost per hour, variety, speed and efficiency, that's still the (sales) chauffeur. But I think individuals are ending up being more knowledgeable about the sustainability of operations and how it affects the planet." (Reporting By Allison Lampert, Editing by Tim Hepher and Alexandra Hudson)
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