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<br>It's bad enough for some propeller aircrafts to be referred to as being powered by elastic band. Now the skeptics could start having a dig at business airplane flying on whatever from cooking oil to liquefied algae.<br> |
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<br>With the civil air travel [industry](https://www.zoominfo.com/c/mission-newenergy/346542889) under increasing pressure from increasing oil prices and environmental legislation, the race is on to find [viable alternatives](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) to standard kerosene and these so far appear to come down to different kinds of [biofuel](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html).<br> |
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<br>Not surprisingly, the very first trials of alternative fuel were started by British air travel leader, Sir Richard Branson, whose Virgin Atlantic started London to [Amsterdam flights](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) with minimal [biofuel](https://stocktwits.com/symbol/MNEL) use 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 various blends of regular fuel and bio derivatives including some from made from [jatropha curcas](https://www.businessnews.com.au/Company/Mission-NewEnergy) which can grow in soil thought about too bad for growing mainstream foods.<br> |
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<br>[Jatropha](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) is a genus of approximately 175 succulent plants, shrubs and trees (some are deciduous, like [Jatropha curcas](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html)), from the [household Euphorbiaceae](https://www.zoominfo.com/c/mission-newenergy/346542889).<br> |
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<br>In 2007 [Goldman Sachs](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) cited [Jatropha curcas](https://www.pinterest.com.au/missionnewenergy/) as one of the very best prospects for future [biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) production. It is resistant to drought and pests, and produces seeds including 27-40% oil.<br> |
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<br>Recently, US aerospace giant Boeing, Brazilian [aerial major](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) Embraer and the Sao Paulo state Research Support Foundation relocated to bring out research study and [development](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) into using biofuels to power jet airliners. It was reported that Brazilian airlines Azul, Gol, TAM and Trip would serve as strategic experts for the project.<br> |
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<br>The current airline to begin try out new fuels is the Alaska Air Group which has carried out internal US flights utilizing a blend of 80 % [petroleum based](https://forest500.org/rankings/companies/mission-newenergy-limited) fuel and 20% biofuel made from cooking oil. This mixture, it is declared, can [cut harmful](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) emissions by 10%.<br> |
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<br>One really encouraging development has been the move away from biofuels which complete head on with food customers thereby [preventing](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) a price spiral. Not so long ago, a surge in usage of biofuels in cars and [trucks triggered](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) a spike in maize costs as US farmers diverted excessive corn to fuel processing.<br> |
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<br>Hopefully in the future, airlines and [vehicle drivers](https://www.zoominfo.com/c/mission-newenergy/346542889) will focus [biofuel](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) consumption on non-food sources such as and algae. It would be a combined blessing undoubtedly if some individuals ended up starving just to please somebody else's green qualifications.<br> |
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