| Send2Press.com • Today is Sunday, February 12, 2012 | A Member of the Neotrope News Network |  |
|
|
NEWS ARCHIVES : U.S. and World News :
Energy, Oil and Gas
News
|
Press Release:
JatrophaBioJet Corporation Will Develop the Jatropha / Advanced Biofuels Market for Jet, Turbine and Aerospace Applications
 The world's first commercial aviation test flight powered by a sustainable second-generation biofuel successfully took place on Tuesday 30 December 2008 when an Air New Zealand Boeing 747 test reportedly employed a 50-50 mix of Jatropha and traditional jet fuel. Air New Zealand, Virgin Atlantic, Continental, and Japan Air Lines have all conducted successful test flights in 2008 and early 2009 with biofuel partial replacements. In the announcement, JBJ Chairman Charles V. Fishel, said "JatrophaBioJet is being formed with the objective of being a major international player in the use of Jatropha Oil as a replacement for aviation jet fuel. The world's annual consumption of jet fuel (excluding military) is about 2 Billion Barrels. The International Air Transport Association has stated it wants 10-percent of jet fuel to come from biofuels by 2017. Today Jatropha Oil is the most desirable biofuel additive to jet fuel -- a potential market of at least 200 million barrels of JatrophaBioJet fuel per year." JatrophaBioJet is a collaboration between Abundant Biofuels Corporation (abundantbiofuels.com), South Pole Carbon Asset Management, a world leader in the development of Carbon Credit Projects (southpolecarbon.com), and well-known environmental and technology developer, Mitch Hawkins & Co., Inc. (mitchhawkins.com). Mr. Hawkins, CEO of JatrophaBioJet, stated "JatrophaBioJet will operate at the intersection of Jatropha biofuels, aerospace, and carbon offsets. Renewable sourcing combined with reduction in carbon emissions is the primary object in aircraft burning a petroleum replacement. Oil costs fluctuate and when they are high, this alternative is disruptively cheaper. Today, with very low oil prices, they are probably equivalent. However, pricewise, if you think oil will be higher in the future, you need to get ready to fly Jatropha." In addition to Mr. Hawkins, JatrophaBioJet's team includes Dr. Daniel T. Colbert, President and Chief Operating Officer. Dr. Colbert is Executive Director of the Institute for Energy Efficiency at the University of California Santa Barbara and serial entrepreneur having achieved world class status in the field of carbon nanotubes and as a founder of world leader Carbon Nanotechnologies Inc. Paul T. Robinson is Chief Financial Officer, formerly CFO and Vice-President of Finance at several public and private companies, including Global Business Services, Inc., Energetics Holdings, Inc. and Pavilion Energy Resources (oil & gas companies) and Managing Partner of WestOaks Capital Group. Abundant Biofuels is currently the world's largest Jatropha developer with several million hectares (1 hectare=2.5 acres) under development or predevelopment in 5 different countries (Dr. Fishel is also Chairman of Abundant Biofuels). South Pole Carbon, based in Zurich, is a worldwide carbon credit developer with offices on every continent and approximately 150 projects currently underway. Mitch Hawkins & Co. is a leader in environmental commodity development with current involvement in approximately $1.5 Billion of projects. Contact: Mitch Hawkins 805-350-1300 mitch.hawkins@jatrophabiojet.com All trademarks and service marks are the property of the respective parties.
NEWS SOURCE: JatrophaBioJet Corporation
Send2Press® is the originating wire service for this story. Terms of Use. © JatrophaBioJet Corporation. All trademarks acknowledged.
THE CONTENT OF THE ABOVE PRESS RELEASE WAS PROVIDED BY THE NEWS SOURCE (JatrophaBioJet Corporation), WHO IS SOLELY RESPONSIBLE FOR ITS ACCURACY. FOR QUESTIONS ABOUT THIS STORY CONTACT THE NEWS SOURCE AND NOT THIS WEBSITE.
Journalist Resources:
Download original press release as issued including media contact information for JatrophaBioJet Corporation.
Additional News Releases on Similar Topics:
|
Subscribe to Send2Press®
Daily News Releases by E-Mail
Follow Send2Press on Social Sites: 
Additional News from
JatrophaBioJet Corporation : » Announcing formation of Bio Jet Fuel World Industry Trade Group - World Biojet Alliance
|
||||||||||||||||||||||||||
View our news channels by industry topics, by U.S. States, or by selected U.S. Cities:
|
Terms of Use and License
This "article format" version of the issued press release is Copr. © 1983-2012 Neotrope/Send2Press. You may freely link to this article version of the press release or may use the release text as the basis for an original article or news posting. If the content is copied verbatim via a scraping or copy/paste method, the news item must be properly "attributed" to Send2Press® Newswire as the originating wire service for this story (may not be posted on ANY site selling/offering SEO or PR services, newswire services, or adult content!). |
DISCLAIMER: the above press release content is believed accurate but not guaranteed, and is based on business news supplied by the source. The noted source is solely responsible for its accuracy. Financial/Stock news may contain forward looking statements. Neotrope/Send2Press (this website) makes no claims of accuracy or suitability for any purpose. Any opinions expressed by representatives of company(s) mentioned in news and profiles are solely those of the person indicated, and do not reflect any opinion or policy of Neotrope® or Send2Press. Your use of any information contained herein is done solely at your own risk, and you are fully responsible for using any information herein, or on sites mentioned or linked to in the article. All trademarks acknowledged.
REFERENCES: JatrophaBioJet Corporation Will Develop the Jatropha / Advanced Biofuels Market for Jet, Turbine and Aerospace Applications, JatrophaBioJet Corporation, jatropha biofuels jet aircraft, Charles V. Fishel, Abundant Biofuels Corporation, South Pole Carbon Asset Management, environmental commodity development, Mitch Hawkins and Co Inc, press release, Feb 24, 2009. |
|
THIS PAGE MEDIA READS (by media and public, as of today): 4973 times (1 today, 1 this week, 17 this month, 78 this year)
Site Design and Content is Copr. © 1983 - 2011 Neotrope® - All rights reserved. Send2Press® is a reg. trademark and service mark of NEOTROPE.
Press Release Writing | About Send2Press | Meet Our Staff | Contact Us | Our Services | Help Desk | Legal | Privacy | How-To Articles | RSS Feeds | Journalist Tools | Client eMediaKits | Headline Feeds | Podcast | PR News Channels | Daily News Desk | Success Stories | PRTRax™ Reader Tracking | Targeted News Distribution | Internet Marketing Services | Order PR Services | Terms of Service (TOS)