From 591e356d12c754dbbe36daabc0837cd1eae8a130 Mon Sep 17 00:00:00 2001 From: Brian Smoot Date: Sun, 12 Jan 2025 03:11:07 +0800 Subject: [PATCH] Add Airlines Focus On Biofuel Trials Gather Momentum --- Airlines-Focus-On-Biofuel-Trials-Gather-Momentum.md | 9 +++++++++ 1 file changed, 9 insertions(+) create mode 100644 Airlines-Focus-On-Biofuel-Trials-Gather-Momentum.md diff --git a/Airlines-Focus-On-Biofuel-Trials-Gather-Momentum.md b/Airlines-Focus-On-Biofuel-Trials-Gather-Momentum.md new file mode 100644 index 0000000..abfddce --- /dev/null +++ b/Airlines-Focus-On-Biofuel-Trials-Gather-Momentum.md @@ -0,0 +1,9 @@ +
It's bad enough for some prop aircrafts to be referred to as being powered by elastic band. Now the cynics could begin having a dig at business aircraft flying on whatever from cooking oil to melted algae.
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With the civil air travel industry under increasing pressure from rising oil costs and environmental legislation, the race is on to find practical options to conventional [kerosene](https://www.bloomberg.com/profile/company/MNELF:US) and these up until now seem to come down to numerous types of [biofuel](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd).
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Not remarkably, the first trials of alternative fuel were started by British air travel leader, Sir Richard Branson, whose [Virgin Atlantic](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) began London to [Amsterdam flights](https://www.zoominfo.com/c/mission-newenergy/346542889) with minimal [biofuel](https://stocktwits.com/symbol/MNEL) use in 2008. This was quickly followed by Lufthansa and Air New Zealand who each utilized various blends of routine fuel and bio derivatives [including](https://www.businessnews.com.au/Company/Mission-NewEnergy) some from made from [jatropha](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) which can grow in soil considered too poor for growing mainstream foods items.
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[Jatropha](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) is a genus of approximately 175 succulent plants, shrubs and trees (some are deciduous, like [Jatropha curcas](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html)), from the household Euphorbiaceae.
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In 2007 Goldman Sachs cited [Jatropha curcas](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) as one of the finest candidates for future [biodiesel](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) production. It is resistant to drought and pests, and [produces seeds](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) containing 27-40% oil.
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Recently, US aerospace giant Boeing, Brazilian aeronautical major [Embraer](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) and the Sao Paulo state Research Support [Foundation transferred](https://www.businessnews.com.au/Company/Mission-NewEnergy) to perform research and development into using biofuels to [power jet](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) airliners. It was reported that [Brazilian airlines](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) Azul, Gol, TAM and Trip would function as tactical consultants for the project.
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The newest airline company to start experimenting with [brand-new](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) fuels is the Alaska Air Group which has actually conducted internal US flights using a blend of 80 % petroleum based fuel and 20% [biofuel](https://stocktwits.com/symbol/MNEL) made from cooking oil. This mix, it is declared, can [cut hazardous](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) emissions by 10%.
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One truly motivating development has been the relocation away from biofuels which contend head on with food customers therefore avoiding a rate spiral. Not so long earlier, a surge in use of biofuels in cars and trucks triggered a spike in maize rates as US farmers diverted too much corn to fuel processing.
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Hopefully in the future, and drivers will focus [biofuel](https://stocktwits.com/symbol/MNEL) usage on non-food sources such as [jatropha](https://www.google.com/search?kgmid=/m/0cqd_rb) and algae. It would be a mixed blessing undoubtedly if some individuals wound up starving just to satisfy another person's green qualifications.
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