From 2275c9909358b3ed21906e4e4d0c7373ef590119 Mon Sep 17 00:00:00 2001 From: samuellavater5 Date: Sun, 12 Jan 2025 13:51:41 +0800 Subject: [PATCH] Update '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..d74f305 --- /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 to as being powered by [elastic band](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price). Now the cynics might begin having a dig at industrial aircraft flying on whatever from cooking oil to melted algae.
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With the civil aviation market under increasing pressure from increasing oil prices and environmental legislation, the race is on to find feasible alternatives to traditional [kerosene](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) and these so far appear to boil down to different kinds of [biofuel](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608).
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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 started London to Amsterdam flights with limited [biofuel](https://stocktwits.com/symbol/MNEL) use in 2008. This was quickly followed by [Lufthansa](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) and Air New Zealand who each utilized different blends of [regular fuel](https://forest500.org/rankings/companies/mission-newenergy-limited) and bio derivatives including some from made from [jatropha curcas](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) which can grow in soil considered too bad for growing mainstream foodstuffs.
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[Jatropha](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) is a genus of approximately 175 succulent plants, shrubs and trees (some are deciduous, like [Jatropha curcas](https://www.zoominfo.com/c/mission-newenergy/346542889)), from the family Euphorbiaceae.
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In 2007 Goldman Sachs mentioned [Jatropha](https://www.businessnews.com.au/Company/Mission-NewEnergy) [jatropha curcas](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) as one of the finest candidates for future [biodiesel](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) production. It is to dry spell and bugs, and [produces](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) [seeds consisting](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) of 27-40% oil.
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Recently, US aerospace giant Boeing, Brazilian aeronautical significant Embraer and the Sao Paulo state Research Support Foundation transferred to perform research and advancement into using biofuels to power jet airliners. It was reported that Brazilian airline companies Azul, Gol, TAM and Trip would act as strategic experts for the task.
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The most current airline to begin explore new fuels is the Alaska Air Group which has carried out internal US [flights utilizing](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) a mix of 80 % petroleum based fuel and 20% [biofuel](https://stocktwits.com/symbol/MNEL) made from cooking oil. This mix, it is claimed, can cut damaging [emissions](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) by 10%.
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One truly encouraging advancement has actually been the relocation away from biofuels which contend head on with food consumers consequently avoiding a rate spiral. Not so long earlier, a rise in usage of biofuels in cars caused a spike in maize costs as US [farmers diverted](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) too much corn to fuel processing.
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Hopefully in the future, airlines and vehicle drivers will focus [biofuel](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) usage on [non-food sources](https://www.pinterest.com.au/missionnewenergy/) such as [jatropha](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) and algae. It would be a mixed blessing indeed if some people ended up starving just to satisfy somebody else's green credentials.
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