Update 'Airlines Focus On Biofuel Trials Gather Momentum'

master
Raymundo Wedding 3 months ago
parent 3113090148
commit f66111268f
  1. 9
      Airlines-Focus-On-Biofuel-Trials-Gather-Momentum.md

@ -0,0 +1,9 @@
<br>It's bad enough for some [prop airplanes](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) to be [explained](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) as being powered by elastic band. Now the skeptics might begin having a dig at commercial aircraft flying on whatever from cooking oil to melted algae.<br>
<br>With the civil aviation industry under [increasing pressure](https://www.bloomberg.com/profile/company/MNELF:US) from rising oil prices and [environmental](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) legislation, the race is on to discover practical [options](https://www.businessnews.com.au/Company/Mission-NewEnergy) to traditional kerosene and these so far seem to boil down to numerous types of [biofuel](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm).<br>
<br>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 limited [biofuel](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) usage in 2008. This was rapidly followed by Lufthansa and Air New Zealand who each used various blends of regular fuel and bio [derivatives including](https://www.businessnews.com.au/Company/Mission-NewEnergy) some from made from [jatropha](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) which can grow in soil considered too bad for growing mainstream foods items.<br>
<br>[jatropha curcas](https://www.crunchbase.com/organization/mission-newenergy) is a genus of approximately 175 succulent plants, shrubs and trees (some are deciduous, like [Jatropha curcas](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/)), from the household Euphorbiaceae.<br>
<br>In 2007 Goldman Sachs pointed out [Jatropha curcas](https://www.google.com/search?kgmid=/m/0cqd_rb) as one of the finest [candidates](https://www.google.com/search?kgmid=/m/0cqd_rb) for future [biodiesel](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) production. It is resistant to dry spell and bugs, and produces seeds containing 27-40% oil.<br>
<br>Recently, US aerospace giant Boeing, Brazilian [aeronautical major](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) [Embraer](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) and the Sao Paulo state Research Support Foundation relocated to perform research and [development](https://www.crunchbase.com/organization/mission-newenergy) into making use of biofuels to power jet airliners. It was reported that [Brazilian airlines](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) Azul, Gol, TAM and Trip would [function](https://www.bloomberg.com/profile/company/MNELF:US) as tactical consultants for the project.<br>
<br>The latest airline company to start explore new fuels is the Alaska Air Group which has actually performed internal US flights using a mix of 80 % petroleum based fuel and 20% biofuel made from cooking oil. This mix, it is claimed, can cut harmful emissions by 10%.<br>
<br>One really motivating advancement has been the relocation away from biofuels which on with food customers thereby avoiding a cost spiral. Not so long back, a rise in use of biofuels in cars and trucks caused a spike in maize prices as US farmers diverted too much corn to fuel processing.<br>
<br>Hopefully in the future, airline companies 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) consumption on non-food sources such as [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) and algae. It would be a combined true blessing undoubtedly if some individuals wound up starving just to please somebody else's green credentials.<br>
Loading…
Cancel
Save