From 02ed34c8359e1f2ea2fa804bbedac44f0d0e69e2 Mon Sep 17 00:00:00 2001 From: paulettetew42 Date: Sun, 12 Jan 2025 04:26:15 -0500 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..6873794 --- /dev/null +++ b/Airlines-Concentrate-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 rubber bands. Now the skeptics might start having a dig at business airplane flying on whatever from cooking oil to liquefied algae.
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With the civil aviation market under increasing pressure from rising oil costs and environmental legislation, the race is on to discover feasible [alternatives](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) to traditional [kerosene](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) and these so far appear to boil down to numerous types of [biofuel](https://stocktwits.com/symbol/MNEL).
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Not surprisingly, the first trials of alternative fuel were started by British air travel pioneer, Sir Richard Branson, whose Virgin Atlantic began London to Amsterdam flights with restricted [biofuel](https://stocktwits.com/symbol/MNEL) usage in 2008. This was rapidly followed by Lufthansa and Air New [Zealand](https://www.crunchbase.com/organization/mission-newenergy) who each used different blends of routine fuel and bio derivatives [including](https://pitchbook.com/profiles/company/51278-86) some from made from [jatropha curcas](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) which can grow in soil thought about too poor for growing mainstream foodstuffs.
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[Jatropha](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) is a genus of roughly 175 succulent plants, shrubs and trees (some are deciduous, like [Jatropha curcas](https://www.pinterest.com.au/missionnewenergy/)), from the household Euphorbiaceae.
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In 2007 Goldman Sachs mentioned [Jatropha curcas](https://www.pinterest.com.au/missionnewenergy/) as one of the very best candidates for future [biodiesel](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) production. It is resistant to drought and insects, and produces seeds including 27-40% oil.
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Recently, US aerospace giant Boeing, Brazilian aeronautical significant Embraer and the Sao Paulo state Research Support Foundation relocated to perform research and development into using biofuels to power jet airliners. It was reported that Brazilian airline [companies](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) Azul, Gol, TAM and Trip would act as strategic specialists for the task.
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The most recent airline to start experimenting with new fuels is the Alaska Air Group which has actually performed internal US [flights](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) using a mix of 80 % [petroleum based](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) fuel and 20% [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) made from [cooking oil](https://www.crunchbase.com/organization/mission-newenergy). This mixture, it is claimed, can cut hazardous emissions by 10%.
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One truly motivating development has been the [relocation](https://www.bloomberg.com/profile/company/MNELF:US) away from biofuels which compete head on with food consumers thereby preventing a [rate spiral](https://www.bloomberg.com/profile/company/MNELF:US). Not so long back, a surge in usage of biofuels in [automobiles caused](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) a spike in maize prices as US farmers diverted too much corn to fuel processing.
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Hopefully in the future, airlines and drivers will focus biofuel consumption on non-food sources such as [jatropha](https://pitchbook.com/profiles/company/51278-86) and algae. It would be a mixed true blessing undoubtedly if some ended up starving simply to [satisfy](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) somebody else's green qualifications.
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