commit
7b7466fd91
@ -0,0 +1,9 @@
|
||||
<br>It's bad enough for some [propeller aircrafts](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) to be referred to as being powered by elastic band. Now the skeptics might begin having a dig at [business aircraft](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) flying on whatever from [cooking oil](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) to [melted algae](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053).<br>
|
||||
<br>With the civil air travel market under [increasing pressure](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) from increasing oil rates and ecological legislation, the race is on to find practical options to conventional kerosene and these up until now appear to boil down to various types of [biofuel](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/).<br>
|
||||
<br>Not surprisingly, the first trials of alternative fuel were started by British air travel pioneer, Sir Richard Branson, whose Virgin Atlantic started London to Amsterdam flights with [restricted](https://www.zoominfo.com/c/mission-newenergy/346542889) [biofuel](https://stocktwits.com/symbol/MNEL) use in 2008. This was quickly followed by Lufthansa and Air New Zealand who each used various blends of routine fuel and bio derivatives including some from made from [jatropha curcas](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) which can grow in soil thought about too bad for growing mainstream foodstuffs.<br>
|
||||
<br>[jatropha curcas](https://forest500.org/rankings/companies/mission-newenergy-limited) is a genus of approximately 175 succulent plants, shrubs and trees (some are deciduous, like [Jatropha curcas](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608)), from the family Euphorbiaceae.<br>
|
||||
<br>In 2007 Goldman Sachs mentioned [Jatropha curcas](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) as one of the very best candidates for future [biodiesel](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) production. It is [resistant](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) to drought and insects, and produces seeds including 27-40% oil.<br>
|
||||
<br>Recently, US aerospace giant Boeing, Brazilian aeronautical major Embraer and the Sao Paulo state Research Support Foundation transferred to carry out research study and advancement into using biofuels to power jet airliners. It was reported that [Brazilian airlines](https://www.bloomberg.com/profile/company/MNELF:US) Azul, Gol, TAM and Trip would function as strategic experts for the job.<br>
|
||||
<br>The current airline to begin try out brand-new fuels is the Alaska Air Group which has conducted internal US flights utilizing a blend of 80 % petroleum based fuel and 20% [biofuel](https://www.pinterest.com.au/missionnewenergy/) made from cooking oil. This mixture, it is declared, can cut hazardous emissions by 10%.<br>
|
||||
<br>One actually motivating development has actually been the move away from biofuels which complete head on with food customers thereby [preventing](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) a rate spiral. Not so long earlier, a surge in usage of biofuels in cars caused a spike in maize prices as US farmers diverted [excessive](https://www.bloomberg.com/profile/company/MNELF:US) corn to fuel processing.<br>
|
||||
<br>Hopefully in the future, [airline companies](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) and motorists will intake on non-food sources such as [jatropha](https://pitchbook.com/profiles/company/51278-86) and algae. It would be a combined blessing certainly if some people wound up starving just to satisfy somebody else's green [qualifications](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/).<br>
|
Loading…
Reference in new issue