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..fd6e66e --- /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 most significant [market program](https://stocktwits.com/symbol/MNEL) in Las Vegas high-end jets are tempting buyers with their smooth shapes, plush cabins - and progressively, their usage of alternative fuels.
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Fuel manufacturers and jetmakers are keen to showcase unique forms of aviation fuel considered less damaging to the climate, from utilized cooking oil to the [distinctly](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) less glamorous meat waste.
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Business jet operators, like airline companies, have bowed to ecological pressure on aviation and committed to halving carbon emissions by 2050 compared to 2005.
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Their hope is that embracing sustainable fuel to suppress emissions might make [organization](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) jets more attractive to environmentally mindful buyers - particularly corporations dealing with concerns over sustainability from shareholders or green campaign groups.
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The availability of less contaminating private jets might likewise spare the rich and famous the [unfavorable promotion](https://www.bloomberg.com/profile/company/MNELF:US) [experienced](https://forest500.org/rankings/companies/mission-newenergy-limited) by [Britain's Prince](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) Harry and his partner Meghan over a recent private jet trip to southern France.
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Five Gulfstream jets on display in Las Vegas are utilizing California-produced fuel from [inedible beef](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) tallow.
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The current waste-based fuels consist of "fats, grease and oils that are byproducts of the food industry," said Bryan Sherbacow, [primary commercial](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) officer of Boston-based [biofuel](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) producer World Energy, which produces fuel from meat waste utilized by Gulfstream.
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"All of our product is inedible."
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Some of the other 79 airplane on [display](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) are [anticipated](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) to be powered by 150,000 gallons of other renewable fuel blends anticipated 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 annual carbon emissions worldwide, however can produce, on average, up to 20 times more carbon emissions per passenger mile than jetliners, according to the London-based personal charter firm Victor.
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[Prince Harry](https://www.google.com/search?kgmid=/m/0cqd_rb) has defended his periodic usage of personal jets to guarantee his [household's](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) security, and has stated that on the [uncommon events](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) he does not fly commercially he offsets his emissions.
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But planemakers state events such as the furore over his travel plan have included fresh challenges for a market already striving to justify its contribution to cutting business costs.
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"Incidents of flight shaming involving making use of private jets are regrettable when you think about that our market has provided fuel efficiency improvements of 40% over the past 40 years," stated Bombardier Aviation Coleal.
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[Bombardier](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) thinks increased sustainable fuel use will assist the industry make inroads with corporations and rich purchasers. According to market data, billionaires just have a 19% service jet ownership rate.
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But even an image transformation - with jets sporting sticker labels like "this aircraft flies on eco-friendly fuels" and organisers including alternative fuel pumps for checking out planes - is not likely to satisfy all critics at the Oct 22-24 high-end jet event.
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[Environmentalists](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) and some analysts stay hesitant that biojetfuels, typically combined 50-50 with kerosene, will make a significant impact on [public understandings](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) about luxury travel.
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"No quantity of [Jatropha](https://pitchbook.com/profiles/company/51278-86) or Brazil-nut fuel can make organization jets look eco-friendly," stated aviation analyst Richard Aboulafia.
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Demand from business jet operators for renewable fuels now far goes beyond supply and their interest might drive future production, Sherbacow stated.
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World Energy, which produces 40 million gallons of [biofuel](https://stocktwits.com/symbol/MNEL) at its California plant, could broaden production up to 150 million gallons by 2022.
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Corporate charter companies and experts are also seeing more interest from customers who wish to buy 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 played a role in a business jet usage research study his company recently finished for a Fortune 500 company.
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"At the end of the day, I think that cost, cost per hour, variety, speed and performance, that's still the (sales) chauffeur. But I believe individuals are becoming more mindful of the sustainability of operations and how it affects the planet." (Reporting By Allison Lampert, [Editing](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) by [Tim Hepher](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) and Alexandra Hudson)
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