From 7aca12f33d47d4f1554438e5ec9d25832867126b Mon Sep 17 00:00:00 2001 From: Lisette Everhart Date: Fri, 17 Jan 2025 13:33:40 -0500 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..c566b00 --- /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 jets are [drawing buyers](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) with their smooth silhouettes, [plush cabins](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) - and increasingly, their use of alternative fuels.
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Fuel producers and jetmakers are keen to [showcase unique](https://www.pinterest.com.au/missionnewenergy/) kinds of aviation fuel considered less harmful to the environment, from used cooking oil to the clearly less glamorous meat waste.
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Business jet operators, like airline companies, have bowed to environmental pressure on aviation and dedicated to halving carbon emissions by 2050 compared to 2005.
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Their hope is that adopting sustainable fuel to curb emissions could make business jets more attractive to ecologically mindful buyers - specifically corporations dealing with questions over sustainability from shareholders or green project groups.
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The availability of less polluting personal jets might also spare the rich and [well-known](https://www.pinterest.com.au/missionnewenergy/) the negative promotion experienced by Britain's Prince Harry and his other half Meghan over a recent personal jet journey to southern France.
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Five Gulfstream jets on [display](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) in Las Vegas are utilizing California-produced fuel from inedible beef tallow.
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The latest waste-based fuels consist of "fats, grease and oils that are by-products of the food industry," stated Bryan Sherbacow, chief business officer of Boston-based [biofuel](https://www.businessnews.com.au/Company/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 airplane on display screen are anticipated to be powered by 150,000 [gallons](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) of other eco-friendly fuel mixes [expected](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 account for less than 0.1% of total yearly carbon emissions internationally, however can discharge, usually, as much as 20 times more carbon emissions per traveler mile than jetliners, according to the London-based private charter company Victor.
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Prince Harry has defended his periodic use of personal jets to ensure his family's safety, and has stated that on the rare celebrations he does not fly commercially he offsets his [emissions](https://www.businessnews.com.au/Company/Mission-NewEnergy).
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But [planemakers](https://pitchbook.com/profiles/company/51278-86) say events such as the furore over his schedule have actually included fresh challenges for an industry already aiming to justify its contribution to cutting corporate expenses.
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"Incidents of flight shaming including using personal jets are unfortunate when you think about that our market has delivered fuel efficiency improvements of 40% over the previous 40 years," stated Bombardier [Aviation President](https://www.pinterest.com.au/missionnewenergy/) David Coleal.
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Bombardier believes increased sustainable fuel usage will help the industry make inroads with corporations and rich buyers. According to market information, billionaires only have a 19% organization jet ownership rate.
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But even an image remodeling - with jets sporting sticker labels like "this airplane flies on renewable fuels" and organisers adding alternative fuel pumps for checking out aircrafts - is unlikely to please all [critics](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) at the Oct 22-24 luxury jet occasion.
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Environmentalists and some analysts stay skeptical that biojetfuels, typically blended 50-50 with kerosene, will make a considerable effect on [public understandings](https://www.bloomberg.com/profile/company/MNELF:US) about luxury travel.
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"No amount of [Jatropha](https://pitchbook.com/profiles/company/51278-86) or Brazil-nut fuel can make organization jets look eco-friendly," said aviation analyst Richard [Aboulafia](https://www.crunchbase.com/organization/mission-newenergy).
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Demand from service jet operators for sustainable 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 of [biofuel](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) at its California plant, might expand production as much as 150 million gallons by 2022.
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Corporate charter companies and experts are also seeing more interest from [clients](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) who desire to buy carbon [credits](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) to offset emissions from their [flights](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/).
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Brian Proctor, CEO of Mente Group, a U.S. consultancy, stated emissions played a role in a [corporate jet](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) [usage study](https://pitchbook.com/profiles/company/51278-86) his business just recently completed for a Fortune 500 company.
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"At the end of the day, I believe that price, cost per hour, variety, speed and efficiency, that's still the (sales) driver. But I think people are becoming more mindful of 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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