From 15bf7aef1961886a3af79a14f77108a03767aaf3 Mon Sep 17 00:00:00 2001 From: Wilhelmina Falcon Date: Mon, 13 Jan 2025 05:16:58 +0800 Subject: [PATCH] Add Climate Change: Growing Doubts Over Chip Fat Biofuel --- ...3A-Growing-Doubts-Over-Chip-Fat-Biofuel.md | 43 +++++++++++++++++++ 1 file changed, 43 insertions(+) create mode 100644 Climate-Change%3A-Growing-Doubts-Over-Chip-Fat-Biofuel.md diff --git a/Climate-Change%3A-Growing-Doubts-Over-Chip-Fat-Biofuel.md b/Climate-Change%3A-Growing-Doubts-Over-Chip-Fat-Biofuel.md new file mode 100644 index 0000000..9a63737 --- /dev/null +++ b/Climate-Change%3A-Growing-Doubts-Over-Chip-Fat-Biofuel.md @@ -0,0 +1,43 @@ +
Climate change: Growing doubts over [chip fat](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) [biofuel](https://www.businessnews.com.au/Company/Mission-NewEnergy)
+
21 April 2021
+
remarks
+
354 Comments
+
New research study questions the ecological impact of rising [imports](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) of used [cooking](https://www.businessnews.com.au/Company/Mission-NewEnergy) oil (UCO) into the UK and Europe.
+
[Chip fat](https://www.google.com/search?kgmid=/m/0cqd_rb) and other oils are thought about waste, so when they are used to make [biodiesel](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) it saves carbon emissions by displacing fossil oil.
+
But such is the need throughout Europe that imports now represent over half of the UCO that's made into fuel.
+
According to the study, external, there's no chance to show these imports are sustainable.
+
Without any screening of what's being available in, [specialists](https://www.pinterest.com.au/missionnewenergy/) believe it is also ripe for fraud.
+
Used cooking oil imports might improve deforestation
+
Consumers posture 'growing threat' to tropical forests
+
from transport is showing to be among the most [difficult difficulties](https://forest500.org/rankings/companies/mission-newenergy-limited) for governments all over the world.
+
They've encouraged the use of biofuels as an essential ways of suppressing carbon from cars and [lorries](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048).
+
Biofuels are generally a blend of [nonrenewable fuel](https://www.abnnewswire.net/companies/en/31347/%E0%B8%9A%E0%B8%A3%E0%B8%B4%E0%B8%A9%E0%B8%B1%E0%B8%97-Mission-NewEnergy-%E0%B8%88%E0%B8%B3%E0%B8%81%E0%B8%B1%E0%B8%94.html/4) source and oil made from plants or veggies.
+
The fact that these crops can be re-grown and absorb more CO2 means they cancel out the carbon released when utilized in engines.
+
Soy and palm oil were once commonly used as parts of [biodiesel](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) however this practice has been commonly challenged due to the fact that it encourages logging.
+
So for the last decade or two, making use of used [cooking oil](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) has actually expanded enormously as an alternative feedstock for fuel.
+
Chip fat and other waste oils have actually ended up being a key part of [biodiesel](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) with an effective market springing up across Europe to collect and [process](https://www.abnnewswire.net/companies/en/31347/%E0%B8%9A%E0%B8%A3%E0%B8%B4%E0%B8%A9%E0%B8%B1%E0%B8%97-Mission-NewEnergy-%E0%B8%88%E0%B8%B3%E0%B8%81%E0%B8%B1%E0%B8%94.html/4) the item.
+
But with the quantity of [biodiesel](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) made from UCO increasing by around 40% every year given that 2014, there merely isn't enough chip fat to walk around.
+
According to a report from the project group Transport & Environment, external, more than half of the UCO used in Europe is imported.
+
Their research study recommends this is extremely bothersome when it pertains to influence on the [environment](https://forest500.org/rankings/companies/mission-newenergy-limited).
+
While UCO is considered a waste product in the UK, in China, Indonesia and Malaysia it has actually long been utilized to feed animals. The report raises the concern of what individuals in these [nations](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) are changing the UCO with, when it is exported.
+
In 2019, [Malaysia exported](https://www.abnnewswire.net/companies/en/31347/%E0%B8%9A%E0%B8%A3%E0%B8%B4%E0%B8%A9%E0%B8%B1%E0%B8%97-Mission-NewEnergy-%E0%B8%88%E0%B8%B3%E0%B8%81%E0%B8%B1%E0%B8%94.html/4) 90 million litres of UCO to the UK and Ireland. Figures for their exports to other European nations aren't available however the circulation of UCO is most likely to be comparable.
+
With a [population](https://pitchbook.com/profiles/company/51278-86) of around 33 million, that's close to three litres per head of used oil that's gathered and exported to the UK and Ireland alone.
+
By contrast, Thailand, which has a population of 70 million individuals, handled to collect around 5 million litres of UCO in 2019.
+
"Because we are purchasing it, they have actually less utilized cooking oil to use on the important things that they were previously using it for," said Greg Archer with Transport & Environment.
+
"And they're just buying more virgin oil and that virgin oil is mostly palm oil, since that's the least expensive oil readily available.
+
"So indirectly, we're simply motivating more logging in Southeast Asia."
+
Another major issue with UCO is the suspicion of scams.
+
Because of need from Europe, the cost of UCO is frequently higher than palm oil. The worry is that some unscrupulous traders are merely diluting deliveries of UCO with palm.
+
As oils of various types are blended in bulk for transportation, and no testing of the products is carried out, some experts think fraud is swarming.
+
The suggestion of fraud anywhere along the chain of supply is declined by the European Waste-to-Advanced Biofuels Association (EWABA), who say there are robust certification plans in place.
+
"It is extensively known that the European Commission has actually taken pertinent steps to totally suppress unsound market practices in [biofuel](https://stocktwits.com/symbol/MNEL) markets," said Angel Alberdi, EWABA's secretary general.
+
He states a brand-new database being established by the EU will guarantee that trading, certification and sustainability data on all bio-liquids will have to be registered.
+
"The mix of revised accreditation schemes and the pan-EU track and trace database will ensure that no sustainability problems emerge in the entire [biofuels](https://pitchbook.com/profiles/company/51278-86) and bio-liquids supply chain," he told BBC News.
+
Others in the field are concerned that the database idea, which was very first mooted in 2018, might not work in stemming thought fraud.
+
The report from Transport & Environment points out that with shipping and air travel aiming to decarbonise by utilizing biofuels, demand for UCO might double over the next decade.
+
"Rising the need beyond sustainable supply levels would increase these issues, and dangers of using 'fake' UCO, potentially causing indirect impacts such as deforestation."
+
Follow Matt on Twitter @mattmcgrathbbc, external.
+
Related topics
+
COP26
+
Paris climate contract
+
Climate
\ No newline at end of file