Add 'Airlines Concentrate On Biofuel Trials Gather Momentum'
parent
9be5d26512
commit
179112cba4
@ -0,0 +1,9 @@
|
||||
<br>It's bad enough for some prop airplanes to be referred to as being powered by rubber bands. Now the skeptics might begin having a dig at business airplane flying on whatever from cooking oil to melted algae.<br>
|
||||
<br>With the civil aviation market under increasing pressure from increasing oil costs and [environmental](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) legislation, the race is on to find viable alternatives to standard kerosene and these so far appear to boil down to numerous kinds of [biofuel](https://stocktwits.com/symbol/MNEL).<br>
|
||||
<br>Not surprisingly, the very first trials of alternative fuel were initiated by British air travel leader, Sir Richard Branson, whose Virgin began London to Amsterdam flights with limited [biofuel](https://stocktwits.com/symbol/MNEL) use in 2008. This was rapidly followed by Lufthansa and Air New Zealand who each used various blends of [routine fuel](https://www.pinterest.com.au/missionnewenergy/) and bio [derivatives including](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) some from made from [jatropha curcas](https://www.google.com/search?kgmid=/m/0cqd_rb) which can grow in soil considered too poor for growing mainstream foods items.<br>
|
||||
<br>[Jatropha](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) is a genus of approximately 175 succulent plants, shrubs and trees (some are deciduous, like [Jatropha](https://www.pinterest.com.au/missionnewenergy/) [jatropha curcas](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd)), from the family 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 for future [biodiesel](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) production. It is resistant to [dry spell](https://www.google.com/search?kgmid=/m/0cqd_rb) and bugs, and [produces](https://www.bloomberg.com/profile/company/MNELF:US) seeds containing 27-40% oil.<br>
|
||||
<br>Recently, US aerospace giant Boeing, Brazilian aeronautical significant Embraer and the Sao Paulo state Research Support Foundation moved to carry out research study and development into using biofuels to power jet airliners. It was reported that Brazilian airline [companies](https://pitchbook.com/profiles/company/51278-86) Azul, Gol, TAM and Trip would act as strategic specialists for the task.<br>
|
||||
<br>The latest airline company to start try out brand-new fuels is the Alaska Air Group which has actually carried out internal US flights utilizing a blend of 80 % petroleum based fuel and 20% [biofuel](https://stocktwits.com/symbol/MNEL) made from [cooking oil](https://forest500.org/rankings/companies/mission-newenergy-limited). This mix, it is claimed, can cut damaging emissions by 10%.<br>
|
||||
<br>One truly motivating advancement has been the move far from biofuels which compete head on with food consumers thereby [avoiding](https://forest500.org/rankings/companies/mission-newenergy-limited) a rate spiral. Not so long earlier, a surge in usage of [biofuels](https://stocktwits.com/symbol/MNEL) in [automobiles caused](https://www.bloomberg.com/profile/company/MNELF:US) a spike in maize prices as US farmers diverted too much corn to fuel processing.<br>
|
||||
<br>Hopefully in the future, airlines and vehicle drivers will focus [biofuel](https://stocktwits.com/symbol/MNEL) intake on non-food sources such as [jatropha](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) and algae. It would be a mixed true blessing indeed if some people wound up starving just to please another person's green qualifications.<br>
|
Loading…
Reference in New Issue