Add Clean Getaway: Meat Waste Joins Biofuels At Luxury Jet Show
commit
25b23c363e
|
|
@ -0,0 +1,24 @@
|
|||
<br>By Allison Lampert<br>
|
||||
<br>LAS VEGAS, Oct 22 (Reuters) - At the world's most significant industry show in Las Vegas luxury jets are enticing buyers with their streamlined silhouettes, luxurious cabins - and significantly, their usage of [alternative fuels](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608).<br>
|
||||
<br>Fuel producers and [jetmakers](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) are eager to showcase unique forms of air travel fuel deemed less hazardous to the climate, from used cooking oil to the noticeably less glamorous meat waste.<br>
|
||||
<br>Business jet operators, like airline companies, have acquiesced environmental pressure on air travel and committed to halving carbon emissions by 2050 compared with 2005.<br>
|
||||
<br>Their hope is that [embracing renewable](https://www.businessnews.com.au/Company/Mission-NewEnergy) fuel to [suppress emissions](https://www.businessnews.com.au/Company/Mission-NewEnergy) could make jets more appealing to ecologically mindful purchasers - particularly corporations facing concerns over sustainability from investors or [green project](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) groups.<br>
|
||||
<br>The availability of less polluting private jets might likewise spare the rich and popular the unfavorable promotion experienced by Britain's Prince Harry and his partner Meghan over a current private jet journey to southern France.<br>
|
||||
<br>Five Gulfstream jets on [display](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) in Las Vegas are utilizing California-produced fuel from inedible beef tallow.<br>
|
||||
<br>The current waste-based fuels consist of "fats, grease and oils that are byproducts of the food market," stated Bryan Sherbacow, chief commercial officer of [Boston-based](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) [biofuel](https://www.businessnews.com.au/Company/Mission-NewEnergy) producer World Energy, which produces fuel from meat waste used by Gulfstream.<br>
|
||||
<br>"All of our item is inedible."<br>
|
||||
<br>Some of the other 79 airplane on screen are anticipated to be powered by 150,000 gallons of other eco-friendly fuel blends anticipated to be pumped at the show.<br>
|
||||
<br>FLIGHT SHAMING<br>
|
||||
<br>Private jets represent less than 0.1% of overall yearly carbon emissions worldwide, however can discharge, usually, approximately 20 times more carbon emissions per traveler mile than jetliners, according to the [London-based](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) private charter firm Victor.<br>
|
||||
<br>Prince Harry has protected his periodic use of personal jets to [guarantee](https://www.crunchbase.com/organization/mission-newenergy) his household's security, and has said that on the uncommon occasions he does not fly commercially he offsets his emissions.<br>
|
||||
<br>But planemakers state incidents such as the furore over his travel plan have actually included [fresh challenges](https://www.pinterest.com.au/missionnewenergy/) for a market currently aiming to justify its [contribution](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) to cutting business costs.<br>
|
||||
<br>"Incidents of flight shaming including the usage of private jets are unfortunate when you think about that our market has provided fuel efficiency enhancements of 40% over the previous 40 years," [stated Bombardier](https://www.bloomberg.com/profile/company/MNELF:US) Aviation President David Coleal.<br>
|
||||
<br>Bombardier believes increased sustainable fuel use will help the industry make inroads with corporations and wealthy buyers. According to market information, [billionaires](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) only have a 19% company jet [ownership](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) rate.<br>
|
||||
<br>But even an image remodeling - with jets sporting sticker labels like "this aircraft flies on renewable fuels" and organisers adding [alternative fuel](https://stocktwits.com/symbol/MNEL) pumps for going to planes - is not likely to please all [critics](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) at the Oct 22-24 high-end jet occasion.<br>
|
||||
<br>Environmentalists and some analysts stay hesitant that biojetfuels, usually combined 50-50 with kerosene, will make a [considerable](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) effect on public perceptions about luxury travel.<br>
|
||||
<br>"No amount of [Jatropha](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 company jets look eco-friendly," said air travel expert Richard Aboulafia.<br>
|
||||
<br>Demand from organization jet operators for renewable fuels now far goes beyond supply and their interest could drive future production, Sherbacow said.<br>
|
||||
<br>World Energy, which produces 40 million gallons of [biofuel](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) at its California plant, might broaden production as much as 150 million gallons by 2022.<br>
|
||||
<br>Corporate charter business and specialists are likewise seeing more interest from consumers who want to buy carbon credits to offset emissions from their flights.<br>
|
||||
<br>Brian Proctor, CEO of Mente Group, a U.S. consultancy, said emissions played a function in a corporate jet usage research study his business just recently completed for a Fortune 500 company.<br>
|
||||
<br>"At the end of the day, I believe that cost, expense per hour, variety, speed and performance, that's still the (sales) motorist. But I believe people 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.businessnews.com.au/Company/Mission-NewEnergy) Hudson)<br>
|
||||
Loading…
Reference in New Issue