ciarakonig9314/mission-biofuels-sdn.-bhd
1
0
Code Issues Actions Packages Projects Wiki Activity

Add Airlines Focus On Biofuel Trials Gather Momentum

Caleb Goodenough 2025-01-17 23:06:05 +00:00
commit c645334f44
1 changed files with 9 additions and 0 deletions
Show stats Download patch file Download diff file Expand all files Collapse all files

9
Airlines-Focus-On-Biofuel-Trials-Gather-Momentum.md Normal file

@ -0,0 +1,9 @@
<br>It's bad enough for some [prop airplanes](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) to be referred to as being powered by elastic band. Now the cynics might start having a dig at industrial airplane flying on everything from cooking oil to liquefied algae.<br>
<br>With the civil [aviation industry](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) under increasing pressure from [rising oil](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) rates and environmental legislation, the race is on to discover feasible options to [conventional kerosene](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) and these up until now appear to come down to different types of [biofuel](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm).<br>
<br>Not remarkably, the very first trials of alternative fuel were [initiated](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) by British air travel pioneer, Sir Richard Branson, whose Virgin Atlantic began London to Amsterdam flights with minimal [biofuel](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) use in 2008. This was [rapidly](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) followed by Lufthansa and Air New who each utilized various blends of regular fuel and bio derivatives consisting of some from made from [jatropha](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) which can grow in soil thought about too poor for growing mainstream foodstuffs.<br>
<br>[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) is a genus of around 175 succulent plants, shrubs and trees (some are deciduous, like [Jatropha](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) [jatropha curcas](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/)), from the family Euphorbiaceae.<br>
<br>In 2007 Goldman Sachs cited [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) as one of the best [candidates](https://www.bloomberg.com/profile/company/MNELF:US) for future [biodiesel](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) production. It is [resistant](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) to drought and insects, and produces seeds including 27-40% oil.<br>
<br>Recently, US aerospace giant Boeing, Brazilian aeronautical significant Embraer and the Sao Paulo state Research Support Foundation moved to perform research and [advancement](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) into making use of biofuels to power jet airliners. It was reported that Brazilian airlines Azul, Gol, TAM and Trip would act as tactical consultants for the job.<br>
<br>The most recent airline company to begin try out brand-new fuels is the Alaska Air Group which has actually carried out internal US flights utilizing a blend of 80 % petroleum based fuel and 20% [biofuel](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) made from cooking oil. This mix, it is claimed, can cut damaging emissions by 10%.<br>
<br>One truly encouraging advancement has actually been the relocation far from biofuels which compete head on with food consumers consequently avoiding a cost spiral. Not so long back, a rise in usage of [biofuels](https://www.businessnews.com.au/Company/Mission-NewEnergy) in automobiles caused a spike in maize rates as US farmers diverted too much corn to fuel processing.<br>
<br>Hopefully in the future, airline companies and drivers will focus [biofuel](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) consumption 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 true blessing undoubtedly if some people wound up starving simply to please somebody else's green qualifications.<br>