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Add Airlines Concentrate On Biofuel Trials Gather Momentum

Marshall Cassidy 2025-01-18 03:33:37 +00:00
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<br>It's bad enough for some prop planes to be referred to as being powered by [rubber bands](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/). Now the [skeptics](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) could begin having a dig at industrial airplane flying on everything from cooking oil to melted algae.<br>
<br>With the civil aviation market under increasing pressure from increasing oil rates and [ecological](https://pitchbook.com/profiles/company/51278-86) legislation, the race is on to discover practical [alternatives](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) to traditional kerosene and these so far seem to come down to different kinds of [biofuel](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm).<br>
<br>Not surprisingly, the very first trials of alternative fuel were initiated by British aviation leader, Sir Richard Branson, whose Virgin [Atlantic](https://www.pinterest.com.au/missionnewenergy/) began London to Amsterdam flights with limited [biofuel](https://www.pinterest.com.au/missionnewenergy/) usage in 2008. This was quickly followed by [Lufthansa](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) and Air New Zealand who each used various blends of routine fuel and bio derivatives consisting of some from made from [jatropha](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) which can grow in soil considered too poor for [growing mainstream](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) foods.<br>
<br>[Jatropha](https://pitchbook.com/profiles/company/51278-86) is a genus of [roughly](https://www.google.com/search?kgmid=/m/0cqd_rb) 175 succulent plants, shrubs and trees (some are deciduous, like [Jatropha curcas](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html)), from the family Euphorbiaceae.<br>
<br>In 2007 [Goldman Sachs](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) mentioned [Jatropha curcas](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) as one of the best candidates for future [biodiesel](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) production. It is resistant to dry spell and bugs, and produces seeds containing 27-40% oil.<br>
<br>Recently, US aerospace giant Boeing, Brazilian aerial major Embraer and the Sao Paulo state Research Support to perform research study and advancement into using biofuels to power jet airliners. It was reported that Brazilian airlines Azul, Gol, TAM and Trip would serve as tactical specialists for the job.<br>
<br>The most [current airline](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) to begin explore new fuels is the Alaska Air Group which has conducted internal US flights utilizing a mix of 80 % petroleum based fuel and 20% [biofuel](https://stocktwits.com/symbol/MNEL) made from cooking oil. This mixture, it is declared, can cut damaging emissions by 10%.<br>
<br>One truly motivating development has been the relocation far from biofuels which compete head on with food customers therefore avoiding a cost spiral. Not so long back, a rise in use of biofuels in vehicles caused a spike in maize costs as US farmers diverted too much corn to fuel processing.<br>
<br>Hopefully in the future, airlines and motorists will focus [biofuel](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) [consumption](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) on non-food sources such as [jatropha curcas](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) and algae. It would be a mixed true blessing undoubtedly if some individuals wound up starving just to please someone else's green qualifications.<br>