| Click for the Finfacts Ireland Portal Homepage |

Finfacts Business News Centre

Home 
 
 News
 Irish
 Irish Economy
 EU Economy
 US Economy
 UK Economy
 Global Economy
 International
 Property
 Innovation
 
 Analysis/Comment
 
 Asia Economy

RSS FEED


How to use our RSS feed

 
Web Finfacts

See Search Box lower down this column for searches of Finfacts news pages. Where there may be the odd special character missing from an older page, it's a problem that developed when Interactive Tools upgraded to a new content management system.

Welcome

Finfacts is Ireland's leading business information site and you are in its business news section.

We provide access to live business television and business related videos from: Bloomberg TV; The Wall Street Journal; CNBC and the Financial Times. Click image:

Links

Finfacts Homepage

Irish Share Prices

Euribor Daily Rates

Irish Economy

Global Income Per Capita

Global Cost of Living

Irish Tax 2008

Climate Change Reports

Global News

Bloomberg News

CNN Money

Cnet Tech News

Newspapers

Irish Independent

Irish Times

Irish Examiner

New York Times

Financial Times

Technology News

 

Feedback

 

Content Management by interactivetools.com.

News : International Last Updated: Apr 24, 2009 - 5:31:05 PM


Virgin biofuel flight had only 5% non-fossil fuel payload; Branson hails "historic" flight but is accused of staging "nonsensical" publicity stunt
By Finfacts Team
Feb 25, 2008 - 11:31:13 AM

Email this article
 Printer friendly page


The world's first commercial aircraft powered partly by biofuel took flight from London's Heathrow Airport on Sunday but a climate change expert dismissed the event as Sir Richard Branson's latest "nonsensical" publicity stunt.

Credible research shows that biofuels made from food crops results in more global warming than conventional fossil fuels and Branson who has sought to identify himself with Nobel Peace Prize winner Al Gore in recent times, in an attempt to promote himself as an environmentalist, found that the publicity value outweighed the climate change evidence.

Finfacts Report:  Almost all biofuels used today make global warming worse; Director of Irish State research agency Teagasc says using crops for biofuel "exciting development"

The Virgin Atlantic 747 flew from London to Amsterdam using a 20% biofuel mix of coconut and babassu oil in one of its four main fuel tanks.

Sir Richard said the "historic" flight was the first step towards using biofuels on commercial flights.


The World Development Movement said on Sunday that even if all flights in the UK used biofuels, the reduction in British aviation's contribution to climate change would be cancelled out by one year's growth in flights.

Its Head of Policy, Pete Hardstaff, said: "This is nothing more than a Virgin publicity stunt with dangerous consequences for the planet.

"The concept of using bio-fuels and continuing the rate of expansion in the aviation industry is nonsensical.

"If Richard Branson is serious about combating climate change, instead of experimenting with biofuels, he should be backing the campaign to include aviation in the targets to reduce emissions in the Climate Change Bill.

"Biofuels are generally sourced from crops that displace the production of staple foods. Consequently, food prices are rocketing as those crops are diverted from food to fuel. If this pattern continues and expands, millions of people in the developing world will see the price of staple foods soar out of their reach."

Kenneth Richter, Friends of the Earth aviation campaigner, said: "Biofuels are a major distraction in the fight against climate change.

"There is mounting evidence that the carbon savings from biofuels are negligible. If Virgin was really serious about reducing the aviation industry's impact on the environment, it would support calls for aircraft emissions to be included in the Climate Change Bill."

Safety concerns mean that biofuel will not be used for aircraft in commercial service for at least five years.

On the Virgin flight, only 5% of the fuel used was biofuel. Concerns that the biofuel could freeze or cause the engine to underperform meant that it was restricted to supplying one engine partly. The other three engines ran on normal aviation fuel and were isolated from the tank that contained 20% biofuel and 80% normal fuel.

Dave Daggett, Boeing’s Project Manager for alternative fuels, said biofuel was unlikely to be certified for passenger service before 2013.

Trials of biofuels for airliners will use conventional, controversial feedstocks, it has been reported.

Speaking to Flight International at the Singapore Air Show last week, Dave Daggett confirmed that the Virgin biofuel trials this year would use ordinary feedstocks. However, a Virgin Atlantic representatives is reported to have claimed that it still "could be algae".

Branson said the oils used in the Virgin biofuel came from existing rainforest and derelict plantations, and did not compete with food supplies or cause deforestation. Speaking at at London Heathrow, he said: "What we are using today isn't going to be the fuel that we are using when we come to commercial use." He said it was more likely to be an algae, possibly made in sewage plants.

Related Articles


© Copyright 2009 by Finfacts.com

Top of Page

International
Latest Headlines
Markets News Thursday: ECB expected to keep emergency bank support measures in place into 2011; Total Produce reports 5.5% rise in H1 2010 pre-tax profits
Thursday Newspaper Review - Irish Business News and International Stories - - September 02, 2010
Wednesday Newspaper Review - Irish Business News and International Stories - - September 01, 2010
Markets News Tuesday: Eircom to address debt problem of  €3.5bn; German jobless numbers falls for 14th straight month
Tuesday Newspaper Review - Irish Business News and International Stories - - August 31, 2010
Markets News Monday: Bank of Japan expands special low-interest lending facility at emergency meeting
Monday Newspaper Review - Irish Business News and International Stories - - August 30, 2010
Markets News Friday: Independent News & Media reports H1 2010 profit up 39%; Irish Continental gains from Iceland's volcanic eruption
Friday Newspaper Review - Irish Business News and International Stories - - August 27, 2010
Markets News Thursday: Diageo reports 8% drop in Irish sales; Guinness sales fell 5%
Thursday Newspaper Review - Irish Business News and International Stories - - August 26, 2010
Markets News Wednesday: FBD says 8 years of revenue contraction will end in 2010; Tullow Oil reports profit trebled to $89m in H1 2010
US SEC charges Spanish executives of Banco Santander with insider trading; Claims $1.1m in illegal profits made from BHP-Potash bid
Wednesday Newspaper Review - Irish Business News and International Stories - - August 25, 2010
Markets News Tuesday: Aer Lingus expects to break-even in 2010; CRH shares plunge in Dublin; US dollar dips to 15-year low against yen
Tuesday Newspaper Review - Irish Business News and International Stories - - August 24, 2010
Markets News Friday: Hewlett-Packard and Dell report strong quarterly earnings
Friday Newspaper Review - Irish Business News and International Stories - - August 20, 2010
Intel to buy security software company McAfee for $7.68bn
Markets News Thursday: UK retail sales rise in July; German producer prices up 3.7% in year to July
Thursday Newspaper Review - Irish Business News and International Stories - - August 19, 2010
Markets News Wednesday: Elan hit by Eli Lilly's termination of Alzheimer drug trials; APN News & Media reports lower HI 2010 figures than expected
Wednesday Newspaper Review - Irish Business News and International Stories - - August 18, 2010
Tuesday Newspaper Review - Irish Business News and International Stories - - August 17, 2010
UK bank Barclays says it falsified documents to facilitate circumvention of US trade sanctions
US justice targets Eastern European credit card system hackers
Markets News Monday: Hewlett-Packard directors called cowards for not being up-front on real reasons for firing CEO Mark Hurd
Monday Newspaper Review - Irish Business News and International Stories - - August 16, 2010
Drop in US crime that began in early 1990s continues despite recession
Markets News Friday: Eurozone Big 4: German GDP growth in Q 2 2010 was stunning 2.2% in the quarter; France's growth was 0.6%, Italy's was 0.4% and Spain's was 0.2%
Friday Newspaper Review - Irish Business News and International Stories - - August 13, 2010
Markets News Thursday: Global recovery fears have investors jittery but European stocks rise; Greencore reports mixed trading performance
Thursday Newspaper Review - Irish Business News and International Stories - - August 12, 2010
Markets News Wednesday: Smurfit Kappa bounces back in H1 2010; Shares slip after Fed's statement on US economy
Wednesday Newspaper Review - Irish Business News and International Stories - - August 11, 2010
Markets News Tuesday: China reports trade surplus of $28.7bn in July - - the highest since January 2009; UK house prices fall and retail sales slow
Longlist announced for the 2010 Financial Times and Goldman Sachs Business Book of the Year Award
Tuesday Newspaper Review - Irish Business News and International Stories - - August 10, 2010
Markets News Monday: Eurozone this week to show 'really exceptional' growth in the second quarter; Aer Lingus traffic dips in July
Monday Newspaper Review - Irish Business News and International Stories - - August 09, 2010