From 985f57713308a3006b2de2e200d28d3dd70c7603 Mon Sep 17 00:00:00 2001 From: Dorothy Demko Date: Sun, 12 Jan 2025 05:50:42 +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..5f31b57 --- /dev/null +++ b/Airlines-Focus-On-Biofuel-Trials-Gather-Momentum.md @@ -0,0 +1,9 @@ +
It's bad enough for some propeller airplanes to be [referred](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) to as being powered by elastic band. Now the cynics could start having a dig at [business airplane](https://www.crunchbase.com/organization/mission-newenergy) flying on whatever from cooking oil to .
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With the civil aviation industry under increasing pressure from increasing oil costs and [environmental](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) legislation, the race is on to find viable alternatives to conventional kerosene and these up until now seem to boil down to numerous kinds of [biofuel](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).
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Not surprisingly, the very first trials of alternative fuel were started by British aviation leader, Sir Richard Branson, whose Virgin Atlantic began London to Amsterdam flights with minimal [biofuel](https://stocktwits.com/symbol/MNEL) use in 2008. This was rapidly followed by Lufthansa and Air New [Zealand](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) who each used different blends of routine fuel and bio [derivatives including](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) some from made from [jatropha curcas](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) which can grow in soil considered too bad for growing mainstream [foodstuffs](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price).
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[jatropha curcas](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) is a genus of around 175 succulent plants, shrubs and trees (some are deciduous, like [Jatropha curcas](https://forest500.org/rankings/companies/mission-newenergy-limited)), from the household Euphorbiaceae.
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In 2007 Goldman Sachs mentioned [Jatropha curcas](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) as one of the very best prospects for future [biodiesel](https://www.businessnews.com.au/Company/Mission-NewEnergy) production. It is resistant to dry spell and pests, and [produces](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) seeds containing 27-40% oil.
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Recently, US aerospace giant Boeing, [Brazilian](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) aeronautical major Embraer and the [Sao Paulo](https://stocktwits.com/symbol/MNEL) state Research Support Foundation [relocated](https://www.businessnews.com.au/Company/Mission-NewEnergy) to bring out research study and advancement into making use of biofuels to power jet airliners. It was reported that Brazilian airline companies Azul, Gol, TAM and Trip would function as strategic consultants for the task.
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The current airline company to start experimenting with new fuels is the Alaska Air Group which has carried out internal US flights utilizing a mix of 80 % petroleum based fuel and 20% [biofuel](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) made from cooking oil. This mixture, it is declared, can cut damaging emissions by 10%.
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One actually motivating development has been the [relocation](https://stocktwits.com/symbol/MNEL) away from biofuels which complete head on with food consumers thereby avoiding a rate spiral. Not so long earlier, a rise in usage of biofuels in automobiles caused a spike in maize costs as US farmers diverted excessive corn to fuel processing.
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Hopefully in the future, airline companies and drivers will focus [biofuel](https://stocktwits.com/symbol/MNEL) usage on non-food sources such as [jatropha curcas](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) and algae. It would be a mixed blessing undoubtedly if some people wound up starving simply to please somebody else's green credentials.
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