alicechallis20
/
mission-newenergy-limited
1
0
Code Issues Packages Projects Wiki

Add Airlines Concentrate On Biofuel Trials Gather Momentum

Lovie Cranwell 2025-01-17 20:50:29 +00:00
parent 244b116246
commit 61950c8b43
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-Concentrate-On-Biofuel-Trials-Gather-Momentum.md Normal file

@ -0,0 +1,9 @@
<br>It's bad enough for some [prop aircrafts](https://pitchbook.com/profiles/company/51278-86) to be described as being powered by rubber bands. Now the cynics might begin having a dig at commercial aircraft flying on whatever from cooking oil to liquefied algae.<br>
<br>With the civil air travel market under increasing pressure from rising oil prices and ecological legislation, the race is on to discover viable options to [conventional kerosene](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) and these so far appear to boil down to numerous types of biofuel.<br>
<br>Not remarkably, the first trials of [alternative fuel](https://www.bloomberg.com/profile/company/MNELF:US) were started by [British](https://forest500.org/rankings/companies/mission-newenergy-limited) air travel pioneer, Sir Richard Branson, whose Virgin Atlantic started London to Amsterdam flights with minimal [biofuel](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) use in 2008. This was quickly followed by and Air New Zealand who each used different blends of routine fuel and bio derivatives including some from made from [jatropha](https://www.google.com/search?kgmid=/m/0cqd_rb) which can grow in soil considered too bad for [growing mainstream](https://www.bloomberg.com/profile/company/MNELF:US) foods items.<br>
<br>[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 roughly 175 [succulent](https://forest500.org/rankings/companies/mission-newenergy-limited) plants, shrubs and trees (some are deciduous, like [Jatropha curcas](https://www.google.com/search?kgmid=/m/0cqd_rb)), from the household Euphorbiaceae.<br>
<br>In 2007 Goldman Sachs pointed out [Jatropha curcas](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) as one of the finest prospects for future [biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) production. It is [resistant](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) to drought and insects, and produces seeds consisting of 27-40% oil.<br>
<br>Recently, US aerospace giant Boeing, Brazilian aeronautical major Embraer and the Sao Paulo state Research Support Foundation relocated to perform research study and advancement into making use of biofuels to power jet airliners. It was reported that Brazilian airline companies Azul, Gol, TAM and Trip would serve as tactical specialists for the task.<br>
<br>The most recent [airline](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) to begin [explore](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) new fuels is the Alaska Air Group which has actually [conducted](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) internal US flights utilizing a mix of 80 % [petroleum based](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) fuel and 20% [biofuel](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) made from cooking oil. This mixture, it is claimed, can cut harmful emissions by 10%.<br>
<br>One really motivating development has been the move far from biofuels which [compete head](https://www.businessnews.com.au/Company/Mission-NewEnergy) on with food consumers consequently preventing a cost spiral. Not so long ago, a surge in use of biofuels in vehicles triggered a spike in maize costs as US farmers diverted excessive corn to fuel processing.<br>
<br>Hopefully in the future, airline companies and vehicle drivers will focus [biofuel](https://stocktwits.com/symbol/MNEL) usage on non-food sources such as [jatropha](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) and algae. It would be a combined blessing indeed if some individuals ended up starving simply to please someone else's green qualifications.<br>