Add Airlines Focus On Biofuel Trials Gather Momentum

master
Jorge Rennie 2025-01-11 17:52:50 +01:00
parent 24f1370b1d
commit 4e54888bbd
1 changed files with 9 additions and 0 deletions

@ -0,0 +1,9 @@
<br>It's bad enough for some propeller aircrafts to be explained as being powered by elastic band. Now the skeptics might begin having a dig at industrial aircraft flying on whatever from cooking oil to liquefied algae.<br>
<br>With the civil aviation market under increasing pressure from increasing oil prices and ecological legislation, the race is on to discover practical alternatives to standard kerosene and these up until now seem to come down to numerous kinds of [biofuel](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/).<br>
<br>Not surprisingly, the very first trials of alternative fuel were started by British aviation leader, Sir Richard Branson, whose Virgin Atlantic started London to Amsterdam flights with minimal [biofuel](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) usage in 2008. This was rapidly followed by Lufthansa and Air New [Zealand](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) who each used different blends of regular fuel and bio derivatives including some from made from [jatropha curcas](https://forest500.org/rankings/companies/mission-newenergy-limited) which can grow in soil thought about too poor for growing mainstream foods.<br>
<br>[jatropha curcas](https://www.google.com/search?kgmid=/m/0cqd_rb) is a genus of around 175 plants, shrubs and trees (some are deciduous, like [Jatropha curcas](https://www.crunchbase.com/organization/mission-newenergy)), 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.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) for future [biodiesel](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) production. It is resistant to dry spell and pests, and produces seeds containing 27-40% oil.<br>
<br>Recently, US aerospace giant Boeing, Brazilian aerial significant Embraer and the [Sao Paulo](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) state Research Support Foundation moved to carry out research study and advancement into using biofuels to power jet [airliners](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/). It was reported that Brazilian airlines Azul, Gol, TAM and Trip would function as strategic consultants for the job.<br>
<br>The current airline to [start explore](https://stocktwits.com/symbol/MNEL) new fuels is the Alaska Air Group which has carried out [internal](https://www.google.com/search?kgmid=/m/0cqd_rb) US flights using a mix of 80 % petroleum based fuel and 20% [biofuel](https://www.google.com/search?kgmid=/m/0cqd_rb) made from [cooking oil](https://www.bloomberg.com/profile/company/MNELF:US). This mix, it is declared, can cut harmful [emissions](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) by 10%.<br>
<br>One really motivating advancement has actually been the relocation far from biofuels which compete head on with [food consumers](https://www.pinterest.com.au/missionnewenergy/) thus preventing a price spiral. Not so long ago, a rise in usage of biofuels in [cars triggered](https://pitchbook.com/profiles/company/51278-86) a spike in maize prices as US [farmers diverted](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) too much corn to fuel processing.<br>
<br>Hopefully in the future, airline companies and drivers will focus [biofuel](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) intake on non-food sources such as [jatropha](https://www.google.com/search?kgmid=/m/0cqd_rb) and algae. It would be a blended true blessing certainly if some individuals ended up starving just to satisfy somebody else's green qualifications.<br>