From 07ff8ea433386ac14a1ace20434fe252c760b74c Mon Sep 17 00:00:00 2001 From: luciek3139231 Date: Sun, 12 Jan 2025 19:00:19 +0800 Subject: [PATCH] Update '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..d87e24e --- /dev/null +++ b/Airlines-Concentrate-On-Biofuel-Trials-Gather-Momentum.md @@ -0,0 +1,9 @@ +
It's bad enough for some propeller planes to be referred to as being powered by elastic band. Now the cynics could start having a dig at [business airplane](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) flying on whatever from [cooking oil](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) to melted algae.
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With the civil air travel industry under increasing pressure from increasing oil rates and environmental legislation, the race is on to find feasible options to standard [kerosene](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) and these up until now appear to come down to various types of [biofuel](https://stocktwits.com/symbol/MNEL).
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Not surprisingly, the first trials of alternative fuel were started by British aviation leader, Sir Richard Branson, whose Virgin Atlantic began London to Amsterdam flights with restricted [biofuel](https://www.crunchbase.com/organization/mission-newenergy) use in 2008. This was rapidly followed by Lufthansa and Air New Zealand who each used different blends of regular fuel and bio derivatives [consisting](https://www.crunchbase.com/organization/mission-newenergy) of some from made from [jatropha curcas](https://www.google.com/search?kgmid=/m/0cqd_rb) which can grow in soil considered too bad for growing mainstream foods.
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[jatropha curcas](https://forest500.org/rankings/companies/mission-newenergy-limited) is a genus of around 175 succulent plants, shrubs and trees (some are deciduous, like [Jatropha curcas](https://www.zoominfo.com/c/mission-newenergy/346542889)), from the household Euphorbiaceae.
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In 2007 Goldman Sachs mentioned [Jatropha curcas](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) as one of the best prospects for future [biodiesel](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) production. It is resistant to dry spell and bugs, and produces seeds including 27-40% oil.
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Recently, US [aerospace giant](https://pitchbook.com/profiles/company/51278-86) Boeing, [Brazilian aeronautical](https://www.zoominfo.com/c/mission-newenergy/346542889) major Embraer and the Sao Paulo state Research Support Foundation moved to perform research and development into using biofuels to power jet airliners. It was reported that [Brazilian airline](https://www.crunchbase.com/organization/mission-newenergy) companies Azul, Gol, TAM and Trip would function as strategic experts for the task.
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The current airline to begin explore new fuels is the Alaska Air Group which has actually conducted internal US flights utilizing a mix of 80 % petroleum based fuel and 20% [biofuel](https://stocktwits.com/symbol/MNEL) made from cooking oil. This mixture, it is claimed, can cut damaging emissions by 10%.
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One really motivating development has actually been the relocation far from biofuels which compete head on with food consumers therefore avoiding a cost spiral. Not so long earlier, a surge in use of biofuels in cars and trucks triggered a spike in maize rates as US farmers diverted excessive corn to fuel processing.
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Hopefully in the future, airlines and [motorists](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) will focus [biofuel](https://www.crunchbase.com/organization/mission-newenergy) [consumption](https://stocktwits.com/symbol/MNEL) on [non-food sources](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) such as [jatropha curcas](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) and algae. It would be a blended true blessing indeed if some up starving simply to satisfy somebody else's green [qualifications](https://www.investing.com/equities/mission-newenergy-ltd-company-profile).
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