Add Clean Getaway: Meat Waste Joins Biofuels At Luxury Jet Show
parent
5feedc6372
commit
6d1eb35dc6
|
@ -0,0 +1,24 @@
|
||||||
|
<br>By Allison Lampert<br>
|
||||||
|
<br>LAS VEGAS, Oct 22 (Reuters) - At the world's biggest industry program in Las Vegas luxury jets are enticing buyers with their streamlined silhouettes, plush cabins - and increasingly, their use of alternative fuels.<br>
|
||||||
|
<br>Fuel [producers](https://forest500.org/rankings/companies/mission-newenergy-limited) and jetmakers are keen to display novel types of [air travel](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) fuel deemed less [hazardous](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) to the environment, from utilized cooking oil to the definitely less glamorous meat waste.<br>
|
||||||
|
<br>Business jet operators, like airline companies, have actually acquiesced environmental pressure on aviation and [dedicated](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) to cutting in half carbon emissions by 2050 [compared](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) to 2005.<br>
|
||||||
|
<br>Their hope is that embracing eco-friendly fuel to curb emissions could make business jets more appealing to ecologically conscious purchasers - especially corporations dealing with questions over sustainability from shareholders or green campaign groups.<br>
|
||||||
|
<br>The accessibility of less contaminating private jets might also spare the abundant and famous the unfavorable publicity experienced by Britain's Prince Harry and his other half Meghan over a recent private jet trip to southern France.<br>
|
||||||
|
<br>Five Gulfstream jets on [display](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) in Las Vegas are [utilizing California-produced](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) fuel from inedible beef tallow.<br>
|
||||||
|
<br>The latest waste-based fuels consist of "fats, grease and oils that are by-products of the food market," said Bryan Sherbacow, primary business [officer](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) of Boston-based [biofuel](https://stocktwits.com/symbol/MNEL) manufacturer World Energy, which [produces fuel](https://forest500.org/rankings/companies/mission-newenergy-limited) from meat waste utilized by Gulfstream.<br>
|
||||||
|
<br>"All of our item is inedible."<br>
|
||||||
|
<br>Some of the other 79 aircraft on display screen are expected to be powered by 150,000 gallons of other renewable fuel mixes anticipated to be pumped at the show.<br>
|
||||||
|
<br>FLIGHT SHAMING<br>
|
||||||
|
<br>Private jets represent less than 0.1% of total yearly carbon emissions internationally, however can release, typically, up to 20 times more [carbon emissions](https://www.pinterest.com.au/missionnewenergy/) per guest mile than jetliners, according to the London-based private charter firm Victor.<br>
|
||||||
|
<br>Prince Harry has defended his periodic usage of [private](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) jets to guarantee his household's security, and has actually said that on the uncommon occasions he does not fly commercially he offsets his emissions.<br>
|
||||||
|
<br>But planemakers state occurrences such as the furore over his itinerary have actually added fresh challenges for a market already striving to validate its contribution to cutting corporate costs.<br>
|
||||||
|
<br>"Incidents of flight shaming including using personal jets are unfortunate when you consider that our industry has delivered fuel performance improvements of 40% over the previous 40 years," stated Bombardier [Aviation President](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) David Coleal.<br>
|
||||||
|
<br>Bombardier believes increased sustainable fuel usage will assist the industry make [inroads](https://www.businessnews.com.au/Company/Mission-NewEnergy) with corporations and wealthy buyers. According to industry data, billionaires just have a 19% business jet ownership rate.<br>
|
||||||
|
<br>But even an image remodeling - with jets sporting sticker labels like "this aircraft flies on sustainable fuels" and [organisers including](https://www.businessnews.com.au/Company/Mission-NewEnergy) alternative fuel pumps for visiting planes - is not likely to please all critics at the Oct 22-24 high-end jet occasion.<br>
|
||||||
|
<br>Environmentalists and some experts stay [doubtful](https://stocktwits.com/symbol/MNEL) that biojetfuels, generally mixed 50-50 with kerosene, will make a significant effect on [public perceptions](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) about high-end travel.<br>
|
||||||
|
<br>"No quantity of [jatropha curcas](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) or Brazil-nut fuel can make business jets look eco-friendly," said aviation analyst Richard Aboulafia.<br>
|
||||||
|
<br>Demand from organization jet operators for sustainable fuels now far goes beyond supply and their interest might drive future production, Sherbacow stated.<br>
|
||||||
|
<br>World Energy, which produces 40 million gallons of [biofuel](https://www.businessnews.com.au/Company/Mission-NewEnergy) at its California plant, could approximately 150 million gallons by 2022.<br>
|
||||||
|
<br>Corporate charter business and experts are also seeing more interest from customers who desire to buy carbon credits to offset emissions from their [flights](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd).<br>
|
||||||
|
<br>Brian Proctor, CEO of Mente Group, a U.S. consultancy, stated emissions played a function in a business jet utilization research study his business just recently completed for a [Fortune](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) 500 business.<br>
|
||||||
|
<br>"At the end of the day, I believe that rate, expense per hour, variety, speed and performance, that's still the (sales) driver. But I think people are ending up being more familiar with the sustainability of operations and how it impacts the planet." (Reporting By Allison Lampert, Editing by Tim Hepher and Alexandra Hudson)<br>
|
Loading…
Reference in New Issue