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

Reed Wootton 2025-01-18 06:48:04 +00:00
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<br>By [Allison](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) Lampert<br>
<br>LAS VEGAS, Oct 22 (Reuters) - At the world's most significant industry program in Las Vegas luxury jets are tempting buyers with their sleek silhouettes, luxurious cabins - and increasingly, their usage of [alternative fuels](https://www.crunchbase.com/organization/mission-newenergy).<br>
<br>Fuel manufacturers and jetmakers are keen to display unique forms of air travel fuel deemed less harmful to the environment, from used cooking oil to the clearly less glamorous meat waste.<br>
<br>Business jet operators, like airlines, have bowed to environmental pressure on air travel and [dedicated](https://www.google.com/search?kgmid=/m/0cqd_rb) to halving carbon emissions by 2050 compared with 2005.<br>
<br>Their hope is that embracing sustainable fuel to suppress emissions might make business jets more appealing to [ecologically mindful](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) buyers - especially corporations dealing with questions over sustainability from investors or green campaign groups.<br>
<br>The schedule of less [contaminating personal](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 could likewise spare the abundant and well-known the unfavorable promotion experienced by Britain's Prince Harry and his spouse Meghan over a current private jet journey to southern France.<br>
<br>Five [Gulfstream jets](https://www.businessnews.com.au/Company/Mission-NewEnergy) on screen in Las Vegas are utilizing California-produced fuel from inedible beef tallow.<br>
<br>The newest waste-based fuels include "fats, grease and oils that are byproducts of the food market," said Bryan Sherbacow, primary industrial officer of Boston-based [biofuel](https://stocktwits.com/symbol/MNEL) 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 aircraft on display are anticipated to be powered by 150,000 gallons of other sustainable fuel [blends anticipated](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) to be pumped at the program.<br>
<br>FLIGHT SHAMING<br>
<br>Private jets represent less than 0.1% of overall annual carbon emissions internationally, but can release, usually, up to 20 times more carbon emissions per passenger mile than jetliners, according to the London-based personal charter company Victor.<br>
<br>Prince Harry has protected his occasional usage of personal jets to ensure his family's security, and has actually stated that on the rare events he does not fly commercially he offsets his emissions.<br>
<br>But planemakers say incidents such as the furore over his travel plan have actually added fresh obstacles for an [industry](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) currently making every effort to validate its [contribution](https://www.businessnews.com.au/Company/Mission-NewEnergy) to cutting business expenses.<br>
<br>"Incidents of flight shaming including using personal jets are unfortunate when you think about that our market has actually provided fuel efficiency improvements of 40% over the previous 40 years," stated Bombardier Aviation President David Coleal.<br>
<br>Bombardier believes increased sustainable fuel use will help the market make inroads with corporations and wealthy buyers. According to industry data, billionaires only have a 19% business jet ownership rate.<br>
<br>But even an image with jets sporting stickers like "this aircraft flies on renewable fuels" and organisers including alternative fuel pumps for visiting airplanes - is not likely to please all critics at the Oct 22-24 [luxury jet](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) event.<br>
<br>Environmentalists and some analysts remain skeptical that biojetfuels, normally combined 50-50 with kerosene, will make a substantial influence on public perceptions about luxury travel.<br>
<br>"No amount of [jatropha curcas](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) or Brazil-nut fuel can make organization jets look eco-friendly," stated aviation analyst [Richard Aboulafia](https://www.bloomberg.com/profile/company/MNELF:US).<br>
<br>Demand from company jet operators for eco-friendly fuels now far [exceeds supply](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) and their interest might [drive future](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) production, [Sherbacow](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) 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, might broaden production as much as 150 million gallons by 2022.<br>
<br>Corporate charter companies and [experts](https://stocktwits.com/symbol/MNEL) are likewise seeing more interest from customers who desire to purchase carbon credits to offset emissions from their [flights](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm).<br>
<br>Brian Proctor, CEO of Mente Group, a U.S. consultancy, said emissions contributed in a corporate jet usage study his company recently completed for a Fortune 500 [company](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price).<br>
<br>"At the end of the day, I believe that price, expense per hour, variety, speed and efficiency, that's still the (sales) driver. But I believe individuals are ending up being more mindful of the sustainability of operations and how it affects the planet." (Reporting By Allison Lampert, Editing by [Tim Hepher](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) and Alexandra Hudson)<br>