commit d8c3da470cb562fcaf1972254e21d3f206805866 Author: ebonyvillalobo Date: Fri Jan 10 17:35:19 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..152abcd --- /dev/null +++ b/Clean-Getaway%3A-Meat-Waste-Joins-Biofuels-At-Luxury-Jet-Show.md @@ -0,0 +1,24 @@ +
By Allison Lampert
+
LAS VEGAS, Oct 22 (Reuters) - At the world's most significant market program in Las Vegas luxury jets are [enticing buyers](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) with their sleek silhouettes, [plush cabins](https://www.businessnews.com.au/Company/Mission-NewEnergy) - and significantly, their use of alternative fuels.
+
Fuel manufacturers and jetmakers are keen to display unique types of aviation fuel deemed less hazardous to the environment, from utilized cooking oil to the noticeably less glamorous meat waste.
+
[Business jet](https://www.pinterest.com.au/missionnewenergy/) operators, like airline companies, have acquiesced environmental pressure on air travel and devoted to halving carbon emissions by 2050 compared with 2005.
+
Their hope is that [embracing sustainable](https://www.bloomberg.com/profile/company/MNELF:US) fuel to suppress emissions could make company jets more appealing to ecologically conscious [buyers -](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) particularly corporations dealing with questions over sustainability from investors or green project groups.
+
The accessibility of less polluting private jets could also spare the abundant and popular the unfavorable publicity experienced by Britain's Prince Harry and his better half Meghan over a current private jet trip to southern France.
+
Five Gulfstream jets on display in Las Vegas are utilizing California-produced fuel from inedible beef tallow.
+
The [current waste-based](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) fuels consist of "fats, grease and oils that are byproducts of the food market," said Bryan Sherbacow, chief business officer of [Boston-based](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) [biofuel](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) producer World Energy, which [produces fuel](https://www.zoominfo.com/c/mission-newenergy/346542889) from meat waste used by Gulfstream.
+
"All of our product is inedible."
+
A few of the other 79 on display are anticipated to be powered by 150,000 gallons of other renewable fuel mixes expected to be pumped at the show.
+
FLIGHT SHAMING
+
Private jets account for less than 0.1% of total annual carbon [emissions](https://stocktwits.com/symbol/MNEL) worldwide, but can produce, usually, up to 20 times more carbon emissions per traveler mile than jetliners, according to the London-based private charter firm Victor.
+
Prince Harry has actually [safeguarded](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) his occasional usage of private jets to guarantee his family's security, and has said that on the [uncommon celebrations](https://www.bloomberg.com/profile/company/MNELF:US) he does not fly commercially he [offsets](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) his emissions.
+
But planemakers state incidents such as the furore over his itinerary have actually added fresh difficulties for an industry already aiming to justify its contribution to cutting corporate costs.
+
"Incidents of flight shaming including making use of private jets are unfortunate when you consider that our market has actually provided fuel effectiveness improvements of 40% over the previous 40 years," stated Bombardier Aviation President David Coleal.
+
Bombardier believes [increased sustainable](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) fuel usage will help the market make inroads with corporations and rich purchasers. According to market information, billionaires only have a 19% company jet ownership rate.
+
But even an image makeover - with jets sporting sticker labels like "this aircraft flies on sustainable fuels" and organisers adding [alternative](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) fuel pumps for [checking](https://pitchbook.com/profiles/company/51278-86) out airplanes - is unlikely to please all critics at the Oct 22-24 high-end jet occasion.
+
Environmentalists and some experts remain doubtful that biojetfuels, usually blended 50-50 with kerosene, will make a significant effect on public understandings about luxury travel.
+
"No amount of [Jatropha](https://pitchbook.com/profiles/company/51278-86) or Brazil-nut fuel can make organization jets look eco-friendly," stated air travel analyst Richard Aboulafia.
+
Demand from organization jet [operators](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) for eco-friendly fuels now far goes beyond supply and their interest could drive future production, Sherbacow said.
+
World Energy, which produces 40 million gallons of [biofuel](https://www.zoominfo.com/c/mission-newenergy/346542889) at its California plant, might expand production up to 150 million gallons by 2022.
+
Corporate charter business and experts are also seeing more interest from clients who want to buy carbon credits to balance out emissions from their [flights](https://stocktwits.com/symbol/MNEL).
+
Brian Proctor, CEO of Mente Group, a U.S. consultancy, stated emissions played a role in a business jet usage study his company just recently [finished](https://pitchbook.com/profiles/company/51278-86) for a Fortune 500 company.
+
"At the end of the day, I think that price, cost per hour, range, speed and performance, that's still the (sales) driver. But I believe people 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)
\ No newline at end of file