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Add Climate Change: Growing Doubts Over Chip Fat Biofuel

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<br>Climate modification: [Growing doubts](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) over chip fat [biofuel](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/)<br>
<br>21 April 2021<br>
<br>comments<br>
<br>354 Comments<br>
<br>New research concerns the environmental effect of rising imports of used cooking oil (UCO) into the UK and Europe.<br>
<br>Chip fat and other oils are considered waste, so when they are utilized to make [biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) it saves carbon emissions by displacing fossil oil.<br>
<br>But such is the need throughout Europe that imports now more than half of the UCO that's made into fuel.<br>
<br>According to the study, external, there's no chance to show these imports are sustainable.<br>
<br>Without any screening of what's being available in, professionals think it is also ripe for fraud.<br>
<br>Used cooking oil imports may [increase](https://www.bloomberg.com/profile/company/MNELF:US) logging<br>
<br>Consumers position 'growing hazard' to tropical forests<br>
<br>Reducing emissions from transportation is proving to be one of the toughest obstacles for federal governments all over the world.<br>
<br>They have actually motivated making use of [biofuels](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) as an [essential](https://www.zoominfo.com/c/mission-newenergy/346542889) ways of [suppressing carbon](https://pitchbook.com/profiles/company/51278-86) from cars and lorries.<br>
<br>Biofuels are usually a blend of fossil fuel and oil made from plants or vegetables.<br>
<br>The reality that these crops can be [re-grown](https://www.businessnews.com.au/Company/Mission-NewEnergy) and absorb more CO2 means they cancel out the carbon emitted when used in engines.<br>
<br>Soy and palm oil were as soon as extensively utilized as elements of [biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) however this practice has been widely challenged because it motivates deforestation.<br>
<br>So for the last years or two, making use of [utilized cooking](https://www.zoominfo.com/c/mission-newenergy/346542889) oil has expanded massively as an alternative feedstock for fuel.<br>
<br>Chip fat and other waste oils have actually ended up being a crucial part of biodiesel with an efficient industry springing up across Europe to collect and process the product.<br>
<br>But with the amount of [biodiesel](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) made from UCO increasing by around 40% every year given that 2014, there just isn't adequate chip fat to walk around.<br>
<br>According to a report from the campaign group Transport & Environment, external, majority of the UCO utilized in Europe is [imported](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html).<br>
<br>Their study suggests this is highly troublesome when it pertains to [influence](https://pitchbook.com/profiles/company/51278-86) on the environment.<br>
<br>While UCO is thought about a waste material in the UK, in China, Indonesia and Malaysia it has long been used to feed animals. The report raises the question of what people in these nations are [replacing](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) the UCO with, when it is exported.<br>
<br>In 2019, [Malaysia exported](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) 90 million litres of UCO to the UK and Ireland. Figures for their exports to other European nations aren't readily available but the circulation of UCO is likely to be comparable.<br>
<br>With a population of around 33 million, that's close to three litres per head of used oil that's collected and exported to the UK and Ireland alone.<br>
<br>By comparison, Thailand, which has a population of 70 million individuals, [handled](https://forest500.org/rankings/companies/mission-newenergy-limited) to gather around five million litres of UCO in 2019.<br>
<br>"Because we are buying it, they have less used cooking oil to utilize on the important things that they were formerly using it for," stated Greg Archer with Transport & Environment.<br>
<br>"And they're simply buying more virgin oil which virgin oil is mostly palm oil, since that's the cheapest oil offered.<br>
<br>"So indirectly, we're simply motivating more logging in Southeast Asia."<br>
<br>Another significant issue with UCO is the suspicion of scams.<br>
<br>Because of demand from Europe, the price of UCO is frequently greater than palm oil. The worry is that some dishonest traders are just diluting deliveries of UCO with palm.<br>
<br>As oils of various types are mixed in bulk for transportation, and no testing of the products is performed, some professionals believe scams is swarming.<br>
<br>The idea of fraud anywhere along the chain of supply is rejected by the European Waste-to-Advanced Biofuels Association (EWABA), who say there are robust accreditation plans in location.<br>
<br>"It is [extensively](https://www.businessnews.com.au/Company/Mission-NewEnergy) known that the European Commission has taken appropriate actions to completely suppress unsound market practices in [biofuel](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) markets," said Angel Alberdi, EWABA's secretary general.<br>
<br>He says a new database being established by the EU will make sure that trading, certification and sustainability information on all bio-liquids will need to be registered.<br>
<br>"The [combination](https://pitchbook.com/profiles/company/51278-86) of [modified certification](https://forest500.org/rankings/companies/mission-newenergy-limited) plans and the pan-EU track and trace database will make sure that no sustainability issues develop in the entire [biofuels](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) and bio-liquids supply chain," he told BBC News.<br>
<br>Others in the field are concerned that the database concept, which was first mooted in 2018, may not be effective in stemming thought fraud.<br>
<br>The report from Transport & Environment points out that with shipping and air travel aiming to decarbonise by utilizing biofuels, demand for UCO could double over the next years.<br>
<br>"Rising the need beyond sustainable supply levels would increase these concerns, and dangers of utilizing 'fake' UCO, potentially leading to indirect effects such as deforestation."<br>
<br>Follow Matt on Twitter @mattmcgrathbbc, external.<br>
<br>Related subjects<br>
<br>COP26<br>
<br>Paris climate arrangement<br>
<br>Climate<br>