Add Climate Change: Growing Doubts Over Chip Fat Biofuel

Climate-Change%3A-Growing-Doubts-Over-Chip-Fat-Biofuel.md

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+<br>Climate change: Growing doubts over chip fat [biofuel](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/)<br>
+<br>21 April 2021<br>
+<br>comments<br>
+<br>354 Comments<br>
+<br>New research study questions the [environmental impact](https://www.zoominfo.com/c/mission-newenergy/346542889) of increasing imports of utilized cooking oil (UCO) into the UK and Europe.<br>
+<br>Chip fat and other oils are considered waste, so when they are used to make [biodiesel](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) it saves carbon emissions by displacing fossil oil.<br>
+<br>But such is the need throughout Europe that imports now account for over half of the UCO that's made into fuel.<br>
+<br>According to the research study, external, there's no method 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 might improve deforestation<br>
+<br>Consumers position 'growing hazard' to tropical forests<br>
+<br>[Reducing emissions](https://www.pinterest.com.au/missionnewenergy/) from transport is proving to be among the most difficult obstacles for federal [governments](https://www.crunchbase.com/organization/mission-newenergy) all over the world.<br>
+<br>They've motivated using biofuels as an essential methods of curbing carbon from cars and trucks and trucks.<br>
+<br>Biofuels are generally a blend of nonrenewable fuel source and oil made from plants or vegetables.<br>
+<br>The truth that these crops can be re-grown and soak up more CO2 [implies](https://www.crunchbase.com/organization/mission-newenergy) they cancel out the carbon discharged when utilized in engines.<br>
+<br>Soy and palm oil were when widely utilized as parts of [biodiesel](https://www.businessnews.com.au/Company/Mission-NewEnergy) however this practice has been  since it [motivates logging](https://www.google.com/search?kgmid=/m/0cqd_rb).<br>
+<br>So for the last years or so, the usage of utilized cooking oil has expanded massively as an alternative feedstock for fuel.<br>
+<br>Chip fat and other waste oils have actually ended up being an essential component of [biodiesel](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) with an efficient industry springing up throughout Europe to collect and process the product.<br>
+<br>But with the amount of [biodiesel](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) made from UCO increasing by around 40% every year because 2014, there merely isn't adequate [chip fat](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) to go around.<br>
+<br>According to a report from the campaign group Transport & Environment, external, over half of the UCO used in Europe is imported.<br>
+<br>Their study suggests this is highly bothersome when it comes to influence on the environment.<br>
+<br>While UCO is thought about a waste material in the UK, in China, [Indonesia](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) and Malaysia it has long been utilized to [feed animals](https://www.crunchbase.com/organization/mission-newenergy). The report raises the question of what individuals in these nations are changing the UCO with, when it is exported.<br>
+<br>In 2019, Malaysia exported 90 million litres of UCO to the UK and Ireland. Figures for their [exports](https://www.businessnews.com.au/Company/Mission-NewEnergy) to other European countries aren't readily available however the flow of UCO is most likely to be comparable.<br>
+<br>With a [population](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) of around 33 million, that's close to three litres per head of used oil that's collected and [exported](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) to the UK and Ireland alone.<br>
+<br>By comparison, Thailand, which has a population of 70 million people, handled to collect around five million litres of UCO in 2019.<br>
+<br>"Because we are purchasing it, they have actually less utilized cooking oil to use on the things that they were formerly utilizing it for," said [Greg Archer](https://forest500.org/rankings/companies/mission-newenergy-limited) with Transport & Environment.<br>
+<br>"And they're simply purchasing more virgin oil which virgin oil is mostly palm oil, because that's the most inexpensive oil available.<br>
+<br>"So indirectly, we're simply motivating more deforestation in Southeast Asia."<br>
+<br>Another significant issue with UCO is the suspicion of fraud.<br>
+<br>Because of demand from Europe, the price of UCO is frequently higher than palm oil. The worry is that some unethical traders are merely diluting shipments of UCO with palm.<br>
+<br>As oils of different types are blended in bulk for transport, and no screening of the materials is brought out, some specialists believe scams is swarming.<br>
+<br>The tip of scams anywhere along the chain of supply is declined by the European Waste-to-Advanced Biofuels Association (EWABA), who state there are robust accreditation schemes in place.<br>
+<br>"It is [commonly](https://www.bloomberg.com/profile/company/MNELF:US) understood that the European Commission has taken relevant actions to completely curb unsound market practices in [biofuel](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) markets," stated 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 signed up.<br>
+<br>"The mix of modified certification plans and the pan-EU track and trace database will ensure that no sustainability problems develop in the entire biofuels and [bio-liquids supply](https://www.pinterest.com.au/missionnewenergy/) chain," he informed BBC News.<br>
+<br>Others in the field are concerned that the database concept, which was first mooted in 2018, might not work in stemming believed fraud.<br>
+<br>The report from Transport & Environment explains that with shipping and air travel wanting to decarbonise by utilizing biofuels, demand for UCO might double over the next decade.<br>
+<br>"Rising the demand beyond sustainable supply levels would increase these issues, and dangers of using 'phony' UCO, possibly causing indirect [impacts](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) such as logging."<br>
+<br>Follow Matt on Twitter @mattmcgrathbbc, external.<br>
+<br>Related topics<br>
+<br>COP26<br>
+<br>Paris environment agreement<br>
+<br>Climate<br>