From 3238a9fb20b97cb91523ca51c7ff17678c026af8 Mon Sep 17 00:00:00 2001 From: Jayne Lindt Date: Sun, 12 Jan 2025 03:07:45 +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..8f04f2e --- /dev/null +++ b/Airlines-Focus-On-Biofuel-Trials-Gather-Momentum.md @@ -0,0 +1,9 @@ +
It's bad enough for some [prop aircrafts](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) to be [referred](https://www.pinterest.com.au/missionnewenergy/) to as being powered by [elastic band](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). Now the cynics could begin having a dig at commercial airplane flying on everything from cooking oil to melted algae.
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With the civil aviation market under increasing pressure from increasing oil rates and environmental legislation, the race is on to discover feasible options to [traditional kerosene](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) and these so far appear to boil down to various kinds of biofuel.
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Not surprisingly, the very first trials of alternative fuel were started by British air travel pioneer, Sir Richard Branson, whose Virgin Atlantic started 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 who each [utilized](https://www.bloomberg.com/profile/company/MNELF:US) different blends of routine fuel and bio derivatives consisting of some from made from [jatropha curcas](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) which can grow in soil considered too bad for [growing mainstream](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) foods.
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[Jatropha](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) is a genus of approximately 175 [succulent](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) plants, shrubs and trees (some are deciduous, like [Jatropha](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) [jatropha curcas](https://forest500.org/rankings/companies/mission-newenergy-limited)), from the household Euphorbiaceae.
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In 2007 Goldman Sachs pointed out [Jatropha curcas](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) as one of the very best candidates for future [biodiesel](https://www.crunchbase.com/organization/mission-newenergy) production. It is resistant to drought and bugs, and [produces seeds](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) including 27-40% oil.
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Recently, US aerospace giant Boeing, [Brazilian aerial](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) major Embraer and the Sao Paulo state Research [Support](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) Foundation transferred to carry out research and advancement into the use of biofuels to power jet . It was reported that Brazilian airlines Azul, Gol, TAM and Trip would serve as tactical consultants for the project.
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The most recent airline to start explore new fuels is the Alaska Air Group which has actually conducted internal US flights using a mix of 80 % petroleum based fuel and 20% [biofuel](https://www.zoominfo.com/c/mission-newenergy/346542889) made from cooking oil. This mix, it is claimed, can cut damaging emissions by 10%.
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One truly encouraging development has been the move far from biofuels which contend head on with food consumers therefore preventing a cost spiral. Not so long ago, a rise in use of biofuels in automobiles caused a spike in maize rates as US farmers diverted excessive corn to fuel [processing](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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Hopefully in the future, airlines and motorists will focus biofuel usage on non-food sources such as [jatropha](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) and algae. It would be a [mixed blessing](https://www.google.com/search?kgmid=/m/0cqd_rb) certainly if some people ended up starving just to satisfy another person's green credentials.
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