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

Add 'Airlines Focus On Biofuel Trials Gather Momentum'

Adrianna Winsor 2025-01-18 08:26:46 +08:00
commit 6ab9a6a632
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 aircrafts to be referred to as being powered by rubber bands. Now the cynics could start having a dig at business airplane flying on whatever from cooking oil to liquefied algae.<br>
<br>With the civil air [travel industry](https://www.crunchbase.com/organization/mission-newenergy) under increasing pressure from rising oil rates and environmental legislation, the race is on to discover feasible options to traditional kerosene and these up until now seem to come down to numerous types of .<br>
<br>Not remarkably, the very first trials of [alternative fuel](https://www.bloomberg.com/profile/company/MNELF:US) were started by British air travel leader, Sir Richard Branson, whose [Virgin Atlantic](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) began London to Amsterdam flights with limited biofuel usage in 2008. This was rapidly followed by Lufthansa and Air New Zealand who each used different blends of regular fuel and bio [derivatives including](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) some from made from [jatropha curcas](https://www.pinterest.com.au/missionnewenergy/) which can grow in soil thought about too bad for [growing mainstream](https://www.crunchbase.com/organization/mission-newenergy) [foodstuffs](https://www.investing.com/equities/mission-newenergy-ltd-company-profile).<br>
<br>[Jatropha](https://pitchbook.com/profiles/company/51278-86) is a genus of approximately 175 succulent plants, shrubs and trees (some are deciduous, like [Jatropha curcas](https://www.investing.com/equities/mission-newenergy-ltd-company-profile)), from the household Euphorbiaceae.<br>
<br>In 2007 Goldman Sachs cited [Jatropha curcas](https://forest500.org/rankings/companies/mission-newenergy-limited) as one of the very best [prospects](https://www.crunchbase.com/organization/mission-newenergy) for future [biodiesel](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) production. It is resistant to drought and insects, and produces seeds containing 27-40% oil.<br>
<br>Recently, US aerospace giant Boeing, Brazilian aerial significant Embraer and the Sao Paulo state Research Support Foundation moved to bring out research and advancement into the usage of biofuels to power jet airliners. It was reported that Brazilian airlines Azul, Gol, TAM and Trip would act as tactical specialists for the project.<br>
<br>The [current airline](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) company to start exploring with brand-new fuels is the [Alaska Air](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) Group which has actually performed internal US flights utilizing a mix of 80 % petroleum based fuel and 20% [biofuel](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) made from cooking oil. This mix, it is declared, can cut hazardous emissions by 10%.<br>
<br>One really encouraging development has actually been the relocation far from biofuels which compete head on with food consumers thus [avoiding](https://www.pinterest.com.au/missionnewenergy/) a price spiral. Not so long earlier, a surge in usage of biofuels in [automobiles triggered](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) a spike in [maize rates](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 US farmers diverted excessive corn to fuel processing.<br>
<br>Hopefully in the future, airline companies and vehicle drivers will focus biofuel consumption on [non-food](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) sources such as [jatropha curcas](https://www.zoominfo.com/c/mission-newenergy/346542889) and algae. It would be a mixed true blessing undoubtedly if some people ended up [starving](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) just to satisfy somebody else's green qualifications.<br>