Add Clean Getaway: Meat Waste Joins Biofuels At Luxury Jet Show
commit
b23fcfc80c
@ -0,0 +1,24 @@
|
|||||||
|
<br>By Allison Lampert<br>
|
||||||
|
<br>LAS VEGAS, Oct 22 (Reuters) - At the world's biggest market program in Las [Vegas luxury](https://www.google.com/search?kgmid=/m/0cqd_rb) jets are drawing purchasers with their streamlined silhouettes, luxurious cabins - and progressively, their use of alternative fuels.<br>
|
||||||
|
<br>Fuel manufacturers and jetmakers are keen to showcase novel types of air travel fuel considered less harmful to the environment, from utilized cooking oil to the definitely less glamorous meat waste.<br>
|
||||||
|
<br>Business jet operators, like airline companies, have bowed to environmental pressure on aviation and devoted to cutting in half carbon emissions by 2050 compared with 2005.<br>
|
||||||
|
<br>Their hope is that adopting sustainable fuel to suppress emissions might make business jets more attractive to environmentally mindful buyers - especially corporations dealing with concerns over sustainability from [shareholders](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) or groups.<br>
|
||||||
|
<br>The [availability](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) of less [polluting private](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) jets might also spare the rich and well-known the negative publicity experienced by Britain's Prince Harry and his spouse Meghan over a current personal jet journey to southern France.<br>
|
||||||
|
<br>Five Gulfstream jets on display in Las Vegas are using California-produced fuel from inedible beef tallow.<br>
|
||||||
|
<br>The most recent waste-based fuels consist of "fats, grease and oils that are byproducts of the food industry," stated Bryan Sherbacow, primary business officer of Boston-based [biofuel](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) producer World Energy, which produces fuel from meat waste utilized by Gulfstream.<br>
|
||||||
|
<br>"All of our product is inedible."<br>
|
||||||
|
<br>Some of the other 79 airplane on display are expected to be powered by 150,000 gallons of other sustainable fuel mixes anticipated to be pumped at the show.<br>
|
||||||
|
<br>FLIGHT SHAMING<br>
|
||||||
|
<br>Private jets account for less than 0.1% of total annual carbon emissions internationally, but can release, usually, as much as 20 times more carbon emissions per traveler mile than jetliners, according to the [London-based private](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) charter company Victor.<br>
|
||||||
|
<br>Prince Harry has actually defended his occasional usage of [private jets](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) to ensure his household's security, and has actually said that on the uncommon events he does not fly commercially he [offsets](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) his emissions.<br>
|
||||||
|
<br>But planemakers say events such as the furore over his itinerary have included fresh difficulties for a market currently making every effort to [validate](https://pitchbook.com/profiles/company/51278-86) its contribution to cutting business expenses.<br>
|
||||||
|
<br>"Incidents of flight shaming including making use of personal jets are regrettable when you consider that our market has provided fuel efficiency improvements of 40% over the past 40 years," [stated Bombardier](https://www.bloomberg.com/profile/company/MNELF:US) Aviation [President David](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) Coleal.<br>
|
||||||
|
<br>[Bombardier believes](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) [increased sustainable](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) fuel use will assist the market make inroads with [corporations](https://forest500.org/rankings/companies/mission-newenergy-limited) and rich purchasers. According to industry data, billionaires just have a 19% [company jet](https://pitchbook.com/profiles/company/51278-86) ownership rate.<br>
|
||||||
|
<br>But even an image transformation - with jets sporting stickers like "this airplane flies on sustainable fuels" and organisers including alternative fuel pumps for checking out planes - is unlikely to satisfy all critics at the Oct 22-24 luxury jet occasion.<br>
|
||||||
|
<br>Environmentalists and some analysts remain doubtful that biojetfuels, normally mixed 50-50 with kerosene, will make a substantial effect on public perceptions about luxury travel.<br>
|
||||||
|
<br>"No amount of [jatropha curcas](https://forest500.org/rankings/companies/mission-newenergy-limited) or Brazil-nut fuel can make business jets look eco-friendly," said air travel expert [Richard Aboulafia](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd).<br>
|
||||||
|
<br>Demand from service jet operators for sustainable fuels now far surpasses supply and their interest could [drive future](https://pitchbook.com/profiles/company/51278-86) production, Sherbacow said.<br>
|
||||||
|
<br>World Energy, which produces 40 million gallons of [biofuel](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) at its California plant, could expand production up to 150 million gallons by 2022.<br>
|
||||||
|
<br>Corporate charter business and [consultants](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) are likewise seeing more interest from customers who want to buy carbon credits to balance out emissions from their [flights](https://pitchbook.com/profiles/company/51278-86).<br>
|
||||||
|
<br>Brian Proctor, CEO of Mente Group, a U.S. consultancy, said emissions played a function in a business jet utilization study his company recently finished for a Fortune 500 company.<br>
|
||||||
|
<br>"At the end of the day, I think that rate, cost per hour, variety, speed and efficiency, that's still the (sales) chauffeur. But I think individuals are ending up being more familiar with the sustainability of operations and how it affects the world." (Reporting By Allison Lampert, Editing by Tim Hepher and Alexandra Hudson)<br>
|
||||||
Loading…
x
Reference in New Issue
Block a user