From 3a0a5400582b49118093a63c9b499fa7fd884ecd Mon Sep 17 00:00:00 2001 From: mckenzielawley Date: Sun, 12 Jan 2025 01:36:28 +0000 Subject: [PATCH] Add Airlines Concentrate On Biofuel Trials Gather Momentum --- ...ines-Concentrate-On-Biofuel-Trials-Gather-Momentum.md | 9 +++++++++ 1 file changed, 9 insertions(+) create mode 100644 Airlines-Concentrate-On-Biofuel-Trials-Gather-Momentum.md diff --git a/Airlines-Concentrate-On-Biofuel-Trials-Gather-Momentum.md b/Airlines-Concentrate-On-Biofuel-Trials-Gather-Momentum.md new file mode 100644 index 0000000..19891fc --- /dev/null +++ b/Airlines-Concentrate-On-Biofuel-Trials-Gather-Momentum.md @@ -0,0 +1,9 @@ +
It's bad enough for some propeller airplanes to be referred to as being powered by elastic band. Now the skeptics might begin having a dig at commercial airplane flying on whatever from cooking oil to melted algae.
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With the civil aviation market under increasing pressure from increasing [oil rates](https://www.bloomberg.com/profile/company/MNELF:US) and environmental legislation, the race is on to find viable alternatives to [standard kerosene](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) and these up until now seem to boil down to different types of [biofuel](https://www.pinterest.com.au/missionnewenergy/).
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Not surprisingly, the first trials of alternative fuel were started by British air travel leader, Sir Richard Branson, whose Virgin Atlantic started London to Amsterdam flights with minimal [biofuel](https://stocktwits.com/symbol/MNEL) usage in 2008. This was quickly followed by Lufthansa and Air New Zealand who each used different blends of regular fuel and bio derivatives consisting of some from made from [jatropha](https://www.zoominfo.com/c/mission-newenergy/346542889) which can grow in soil thought about too bad for growing mainstream foods.
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[Jatropha](https://www.crunchbase.com/organization/mission-newenergy) is a genus of approximately 175 [succulent](https://www.bloomberg.com/profile/company/MNELF:US) plants, shrubs and trees (some are deciduous, like [Jatropha curcas](https://www.investing.com/equities/mission-newenergy-ltd-company-profile)), from the household Euphorbiaceae.
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In 2007 Goldman Sachs mentioned [Jatropha curcas](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) as one of the very best prospects for future [biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) production. It is resistant to dry spell and insects, and containing 27-40% oil.
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Recently, US aerospace giant Boeing, Brazilian aeronautical significant Embraer and the Sao Paulo state Research [Support](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) Foundation transferred to perform research and advancement into making use of biofuels to [power jet](https://pitchbook.com/profiles/company/51278-86) [airliners](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html). It was reported that Brazilian airline [companies](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) Azul, Gol, TAM and Trip would function as [tactical specialists](https://www.crunchbase.com/organization/mission-newenergy) for the job.
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The newest airline company to begin experimenting with [brand-new fuels](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) is the Alaska Air Group which has actually [performed](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) internal US flights using a blend of 80 % petroleum based fuel and 20% [biofuel](https://stocktwits.com/symbol/MNEL) made from cooking oil. This mixture, it is declared, can cut damaging emissions by 10%.
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One really encouraging development has actually been the relocation far from biofuels which contend head on with food consumers consequently preventing a price spiral. Not so long earlier, a surge in use of biofuels in cars triggered a spike in maize costs as US [farmers](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) diverted excessive corn to fuel processing.
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Hopefully in the future, airlines and vehicle drivers will focus [biofuel](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) consumption on non-food sources such as [jatropha curcas](https://www.businessnews.com.au/Company/Mission-NewEnergy) and algae. It would be a combined true blessing certainly if some individuals wound up starving simply to satisfy somebody else's green credentials.
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