commit 50367e3802dc78acf68706f2030733fee206547b Author: laurenetober6 Date: Sun Jan 12 12:15:04 2025 +0800 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..53ca0ad --- /dev/null +++ b/Clean-Getaway%3A-Meat-Waste-Joins-Biofuels-At-Luxury-Jet-Show.md @@ -0,0 +1,24 @@ +
By [Allison](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) Lampert
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LAS VEGAS, Oct 22 (Reuters) - At the [world's](https://pitchbook.com/profiles/company/51278-86) greatest market show in Las Vegas high-end jets are drawing buyers with their smooth shapes, [luxurious cabins](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) - and significantly, their usage of alternative fuels.
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Fuel producers and jetmakers are keen to [showcase](https://www.crunchbase.com/organization/mission-newenergy) novel forms of aviation fuel considered less [harmful](https://pitchbook.com/profiles/company/51278-86) to the environment, from utilized cooking oil to the definitely less glamorous meat waste.
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Business jet operators, like airline companies, have actually acquiesced environmental pressure on and devoted to halving carbon emissions by 2050 compared to 2005.
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Their hope is that adopting renewable fuel to curb emissions could make business jets more appealing to environmentally conscious buyers - particularly corporations facing [questions](https://www.bloomberg.com/profile/company/MNELF:US) over sustainability from investors or green project groups.
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The accessibility of less polluting personal jets could likewise spare the rich and well-known the negative promotion experienced by Britain's Prince Harry and his other half Meghan over a current private jet [journey](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) to southern France.
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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 [current waste-based](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) fuels include "fats, grease and oils that are byproducts of the food market," stated Bryan Sherbacow, primary business officer of Boston-based [biofuel](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) producer World Energy, which [produces fuel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) from meat waste utilized by Gulfstream.
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"All of our item is inedible."
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A few of the other 79 airplane on display screen are [expected](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) to be powered by 150,000 gallons of other renewable fuel mixes anticipated to be pumped at the program.
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FLIGHT SHAMING
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Private jets account for less than 0.1% of overall [annual carbon](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) emissions worldwide, but can give off, on average, 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 usage of personal jets to ensure his household's safety, and has said that on the [uncommon celebrations](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) he does not fly commercially he offsets his emissions.
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But planemakers say events such as the furore over his schedule have included fresh challenges for an industry currently making every effort to justify its contribution to cutting business expenses.
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"Incidents of flight shaming involving using personal jets are unfortunate when you consider that our market has actually delivered fuel effectiveness improvements of 40% over the previous 40 years," stated Bombardier Aviation President David Coleal.
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Bombardier believes increased sustainable fuel usage will assist the industry make inroads with corporations and rich buyers. According to [industry](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) data, billionaires just have a 19% business jet ownership rate.
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But even an image [remodeling](https://pitchbook.com/profiles/company/51278-86) - with jets sporting stickers like "this airplane flies on eco-friendly fuels" and organisers adding alternative fuel pumps for checking out airplanes - is not likely to satisfy all critics at the Oct 22-24 luxury jet event.
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Environmentalists and some analysts stay doubtful that biojetfuels, typically mixed 50-50 with kerosene, will make a significant [influence](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) on public understandings about luxury travel.
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"No amount of [jatropha curcas](https://www.crunchbase.com/organization/mission-newenergy) or Brazil-nut fuel can make organization jets look eco-friendly," stated aviation [analyst](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) Richard Aboulafia.
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Demand from organization jet operators for sustainable fuels now far goes beyond supply and their interest might [drive future](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) production, Sherbacow stated.
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World Energy, which produces 40 million gallons of [biofuel](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) at its California plant, might expand production approximately 150 million gallons by 2022.
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Corporate charter business and experts are likewise seeing more interest from customers who desire to purchase carbon credits to balance out emissions from their flights.
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Brian Proctor, CEO of Mente Group, a U.S. consultancy, stated emissions contributed in a business jet utilization research study his company just recently completed for a Fortune 500 business.
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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) motorist. But I believe individuals are becoming more familiar with the sustainability of operations and how it impacts the planet." (Reporting By Allison Lampert, Editing by Tim Hepher and [Alexandra](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) Hudson)
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