Add Climate Change: Growing Doubts Over Chip Fat Biofuel
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<br>Climate modification: Growing doubts over chip fat [biofuel](https://stocktwits.com/symbol/MNEL)<br>
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<br>21 April 2021<br>
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<br>comments<br>
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<br>354 Comments<br>
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<br>New research study questions the environmental impact of rising imports of used cooking oil (UCO) into the UK and Europe.<br>
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<br>Chip fat and other oils are thought about waste, so when they are utilized to make [biodiesel](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) it saves carbon emissions by displacing fossil oil.<br>
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<br>But such is the demand across Europe that [imports](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) now represent majority of the UCO that's made into fuel.<br>
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<br>According to the study, external, there's no other way to show these imports are sustainable.<br>
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<br>With no screening of what's coming in, [specialists](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) think it is likewise ripe for scams.<br>
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<br>Used cooking oil imports may improve logging<br>
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<br>Consumers position 'growing risk' to tropical forests<br>
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<br>[Reducing emissions](https://www.bloomberg.com/profile/company/MNELF:US) from transportation is proving to be among the toughest obstacles for federal governments all over the world.<br>
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<br>They've [encouraged](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) making use of biofuels as an important ways of curbing carbon from cars and trucks and lorries.<br>
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<br>Biofuels are typically a mix of fossil fuel and oil made from plants or vegetables.<br>
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<br>The truth that these crops can be re-grown and soak up more CO2 means they counteract the carbon released when utilized in engines.<br>
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<br>Soy and palm oil were as soon as commonly utilized as components of [biodiesel](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) however this practice has actually been widely rejected due to the fact that it encourages deforestation.<br>
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<br>So for the last years or so, making use of used cooking oil has expanded enormously as an alternative feedstock for fuel.<br>
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<br>Chip fat and other waste oils have actually ended up being an essential part of [biodiesel](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) with an effective market [springing](https://www.google.com/search?kgmid=/m/0cqd_rb) up across Europe to [collect](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) and process the product.<br>
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<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 simply isn't [sufficient chip](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) fat to walk around.<br>
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<br>According to a report from the [project](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) group [Transport](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) & Environment, external, more than half of the UCO used in Europe is imported.<br>
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<br>Their study recommends this is highly bothersome when it pertains to [impacts](https://stocktwits.com/symbol/MNEL) on the [environment](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/).<br>
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<br>While UCO is considered a waste material in the UK, in China, Indonesia and Malaysia it has actually long been used to feed animals. The [report raises](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 concern of what individuals in these countries are changing the UCO with, when it is exported.<br>
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<br>In 2019, Malaysia exported 90 million litres of UCO to the UK and Ireland. Figures for their [exports](https://www.pinterest.com.au/missionnewenergy/) to other European countries aren't available but the [circulation](https://www.businessnews.com.au/Company/Mission-NewEnergy) of UCO is likely to be similar.<br>
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<br>With a 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.<br>
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<br>By comparison, Thailand, which has a population of 70 million people, handled to collect around five million litres of UCO in 2019.<br>
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<br>"Because we are buying it, they have actually less used cooking oil to use on the things that they were previously using it for," [stated Greg](https://www.crunchbase.com/organization/mission-newenergy) Archer with Transport & Environment.<br>
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<br>"And they're just buying more virgin oil which virgin oil is mainly palm oil, because that's the most affordable oil offered.<br>
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<br>"So indirectly, we're just encouraging more logging in Southeast Asia."<br>
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<br>Another major problem with UCO is the suspicion of fraud.<br>
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<br>Because of demand from Europe, the price of UCO is often greater than palm oil. The concern is that some deceitful traders are simply diluting shipments of UCO with palm.<br>
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<br>As oils of various types are mixed in bulk for transportation, and no testing of the materials is carried out, some professionals believe fraud is rife.<br>
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<br>The tip of fraud anywhere along the chain of supply is rejected by the European Waste-to-Advanced Biofuels Association (EWABA), who state there are robust accreditation schemes in location.<br>
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<br>"It is commonly known that the European Commission has actually taken pertinent steps to entirely suppress unsound market practices in [biofuel](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) markets," stated Angel Alberdi, EWABA's secretary general.<br>
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<br>He says a brand-new database being established by the EU will guarantee that trading, accreditation and sustainability data on all bio-liquids will need to be signed up.<br>
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<br>"The combination of modified accreditation schemes and the pan-EU track and trace database will ensure that no sustainability problems develop in the entire biofuels and bio-liquids supply chain," he told BBC News.<br>
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<br>Others in the field are worried that the database concept, which was very first mooted in 2018, may not work in stemming believed scams.<br>
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<br>The report from Transport & Environment explains that with shipping and aviation seeking to decarbonise by using biofuels, demand for UCO might double over the next years.<br>
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<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 logging."<br>
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<br>Follow Matt on Twitter @mattmcgrathbbc, external.<br>
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<br>Related subjects<br>
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<br>COP26<br>
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<br>Paris climate agreement<br>
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<br>Climate<br>
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