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

Clean-Getaway%3A-Meat-Waste-Joins-Biofuels-At-Luxury-Jet-Show.md

@@ -0,0 +1,24 @@
+<br>By Allison Lampert<br>
+<br>LAS VEGAS, Oct 22 (Reuters) - At the world's most significant industry program in Las Vegas luxury jets are drawing buyers with their smooth silhouettes, plush cabins - and significantly, their usage of alternative fuels.<br>
+<br>Fuel producers and jetmakers are eager to display unique forms of aviation fuel considered less damaging to the environment, from utilized cooking oil to the definitely less attractive meat waste.<br>
+<br>Business jet operators, like airline companies, have bowed to environmental pressure on air travel and devoted to cutting in half carbon emissions by 2050 compared with 2005.<br>
+<br>Their hope is that embracing renewable fuel to curb emissions might make company jets more attractive to environmentally conscious purchasers - particularly corporations facing questions over sustainability from investors or green project groups.<br>
+<br>The accessibility of less [polluting private](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) jets might likewise spare the [abundant](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) and well-known the unfavorable publicity experienced by Britain's Prince Harry and his other [half Meghan](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) over a recent private jet journey to southern France.<br>
+<br>Five Gulfstream jets on display screen in Las Vegas are [utilizing California-produced](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) fuel from inedible beef tallow.<br>
+<br>The [current waste-based](https://www.pinterest.com.au/missionnewenergy/) fuels include "fats, grease and oils that are by-products of the food industry," said Bryan Sherbacow, primary business officer of Boston-based [biofuel](https://www.crunchbase.com/organization/mission-newenergy) producer World Energy, which [produces fuel](https://pitchbook.com/profiles/company/51278-86) from meat waste utilized by Gulfstream.<br>
+<br>"All of our product is inedible."<br>
+<br>Some of the other 79 airplane on screen are anticipated to be powered by 150,000 gallons of other renewable fuel mixes expected to be pumped at the [program](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048).<br>
+<br>FLIGHT SHAMING<br>
+<br>Private jets account for less than 0.1% of overall annual carbon emissions worldwide, but can discharge, usually, approximately 20 times more carbon emissions per  mile than jetliners, according to the London-based personal charter firm Victor.<br>
+<br>Prince Harry has defended his occasional usage of personal jets to guarantee his family's security, and has said that on the [rare events](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) he does not fly commercially he offsets his emissions.<br>
+<br>But planemakers state occurrences such as the furore over his schedule have actually added [fresh obstacles](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) for an industry already striving to validate its contribution to cutting corporate expenses.<br>
+<br>"Incidents of flight shaming including the usage of private jets are unfortunate when you think about that our industry has actually provided fuel performance enhancements of 40% over the past 40 years," stated Bombardier Aviation President David Coleal.<br>
+<br>Bombardier thinks increased sustainable fuel usage will help the industry make inroads with corporations and rich buyers. According to industry information, billionaires only have a 19% [service jet](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) ownership rate.<br>
+<br>But even an image [transformation -](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) with jets sporting [stickers](https://www.businessnews.com.au/Company/Mission-NewEnergy) like "this aircraft flies on renewable fuels" and organisers adding alternative fuel pumps for visiting airplanes - is not likely to satisfy all critics at the Oct 22-24 [luxury jet](https://www.crunchbase.com/organization/mission-newenergy) event.<br>
+<br>Environmentalists and some analysts remain doubtful that biojetfuels, typically blended 50-50 with kerosene, will make a [substantial](https://pitchbook.com/profiles/company/51278-86) effect on [public perceptions](https://pitchbook.com/profiles/company/51278-86) about high-end travel.<br>
+<br>"No amount of [jatropha curcas](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) or Brazil-nut fuel can make business jets look eco-friendly," said aviation expert Richard Aboulafia.<br>
+<br>Demand from service jet operators for renewable fuels now far goes beyond supply and their interest might drive future production, Sherbacow stated.<br>
+<br>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.<br>
+<br>Corporate charter business and [experts](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) are also seeing more interest from consumers who want to buy carbon [credits](https://www.zoominfo.com/c/mission-newenergy/346542889) to balance out emissions from their flights.<br>
+<br>Brian Proctor, CEO of Mente Group, a U.S. consultancy, said emissions played a role in a business jet utilization study his business recently finished for a Fortune 500 company.<br>
+<br>"At the end of the day, I think that price, expense per hour, variety, speed and efficiency, that's still the (sales) chauffeur. But I think people are ending up being more knowledgeable about the sustainability of operations and how it impacts the world." (Reporting By Allison Lampert, Editing by [Tim Hepher](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) and Alexandra Hudson)<br>