Add Clean Getaway: Meat Waste Joins Biofuels At Luxury Jet Show

Lonna Torpy 2025-01-11 17:46:03 +03:00
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<br>By [Allison](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) Lampert<br>
<br>LAS VEGAS, Oct 22 (Reuters) - At the world's greatest market show in Las Vegas luxury jets are [drawing purchasers](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) with their smooth shapes, [luxurious cabins](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) - and significantly, their usage of alternative fuels.<br>
<br>Fuel producers and jetmakers are keen to display unique types of aviation fuel considered less [damaging](https://pitchbook.com/profiles/company/51278-86) to the climate, from utilized cooking oil to the definitely less attractive meat waste.<br>
<br>Business jet operators, like airline companies, have actually bowed to environmental pressure on aviation and devoted to halving carbon emissions by 2050 compared with 2005.<br>
<br>Their hope is that adopting renewable fuel to suppress emissions might make business jets more attractive to environmentally conscious buyers - specifically corporations dealing with [concerns](https://www.pinterest.com.au/missionnewenergy/) over sustainability from shareholders or green campaign groups.<br>
<br>The accessibility of less [polluting private](https://www.pinterest.com.au/missionnewenergy/) jets might also spare the rich and famous the unfavorable promotion experienced by Britain's Prince Harry and his better half Meghan over a current private jet trip to southern France.<br>
<br>Five Gulfstream jets on display screen in Las Vegas are utilizing California-produced fuel from inedible beef tallow.<br>
<br>The newest waste-based fuels [consist](https://www.bloomberg.com/profile/company/MNELF:US) of "fats, grease and oils that are byproducts of the food industry," said Bryan Sherbacow, primary business officer of Boston-based [biofuel](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) producer World Energy, which produces fuel from meat waste utilized by Gulfstream.<br>
<br>"All of our product is inedible."<br>
<br>A few of the other 79 aircraft on display screen are expected to be powered by 150,000 gallons of other sustainable fuel [blends expected](https://pitchbook.com/profiles/company/51278-86) to be pumped at the show.<br>
<br>FLIGHT SHAMING<br>
<br>Private jets account for less than 0.1% of overall annual carbon [emissions](https://forest500.org/rankings/companies/mission-newenergy-limited) internationally, but can produce, usually, as much as 20 times more carbon emissions per passenger mile than jetliners, according to the London-based personal charter company Victor.<br>
<br>Prince Harry has actually defended his occasional use of personal jets to guarantee his household's security, and has actually stated that on the rare events he does not fly commercially he offsets his emissions.<br>
<br>But planemakers state incidents such as the furore over his itinerary have [included fresh](https://www.zoominfo.com/c/mission-newenergy/346542889) obstacles for a market already making every effort to justify its contribution to cutting business [expenses](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/).<br>
<br>"Incidents of flight shaming including the usage of personal jets are regrettable when you think about that our market has delivered fuel effectiveness improvements of 40% over the past 40 years," [stated Bombardier](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) Aviation President David Coleal.<br>
<br>Bombardier thinks increased sustainable fuel use will assist the industry make inroads with corporations and rich purchasers. According to market data, billionaires only have a 19% organization jet [ownership](https://forest500.org/rankings/companies/mission-newenergy-limited) rate.<br>
<br>But even an image transformation - with jets sporting stickers like "this airplane flies on sustainable fuels" and organisers adding pumps for going to airplanes - is not likely to please all critics at the Oct 22-24 high-end jet occasion.<br>
<br>Environmentalists and some analysts remain [doubtful](https://www.businessnews.com.au/Company/Mission-NewEnergy) that biojetfuels, usually blended 50-50 with kerosene, will make a significant impact on public perceptions about high-end travel.<br>
<br>"No amount of [jatropha curcas](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) or Brazil-nut fuel can make organization jets look eco-friendly," stated air travel analyst Richard Aboulafia.<br>
<br>Demand from business jet operators for sustainable fuels now far surpasses supply and their interest might drive future production, Sherbacow stated.<br>
<br>World Energy, which produces 40 million gallons of [biofuel](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) at its California plant, could broaden production approximately 150 million gallons by 2022.<br>
<br>Corporate charter business and experts are also seeing more interest from consumers who want to buy carbon [credits](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) to [offset emissions](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) from their flights.<br>
<br>Brian Proctor, CEO of Mente Group, a U.S. consultancy, [stated emissions](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) played a role in a corporate jet utilization study his company recently [completed](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) for a Fortune 500 company.<br>
<br>"At the end of the day, I believe that cost, expense per hour, variety, speed and efficiency, that's still the (sales) chauffeur. But I believe people are ending up being more familiar with the sustainability of operations and how it impacts the world." (Reporting By Allison Lampert, Editing by Tim Hepher and Alexandra Hudson)<br>