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 modification: Growing doubts over [chip fat](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) [biofuel](https://stocktwits.com/symbol/MNEL)<br>
+<br>21 April 2021<br>
+<br>remarks<br>
+<br>354 Comments<br>
+<br>New research study concerns the environmental impact of rising imports of used [cooking oil](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) (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://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) it conserves carbon emissions by displacing fossil oil.<br>
+<br>But such is the need throughout Europe that imports now account for more than half of the UCO that's made into fuel.<br>
+<br>According to the study, external, there's no method to show these imports are sustainable.<br>
+<br>With no screening of what's can be found in, [experts](https://www.zoominfo.com/c/mission-newenergy/346542889) think it is also ripe for scams.<br>
+<br>Used cooking oil imports might improve logging<br>
+<br>Consumers posture 'growing threat' to tropical forests<br>
+<br>Reducing emissions from transportation is proving to be among the toughest difficulties for governments all over the world.<br>
+<br>They have actually motivated using biofuels as a crucial methods of suppressing carbon from automobiles and lorries.<br>
+<br>Biofuels are normally a mix of fossil fuel and oil made from plants or [veggies](https://stocktwits.com/symbol/MNEL).<br>
+<br>The fact that these crops can be [re-grown](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) and absorb more CO2 means they cancel out the carbon emitted when utilized in [engines](https://www.google.com/search?kgmid=/m/0cqd_rb).<br>
+<br>Soy and palm oil were when commonly utilized as parts of [biodiesel](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) however this practice has actually been commonly rejected due to the fact that it encourages logging.<br>
+<br>So for the last years or two, making use of used cooking oil has expanded enormously as an alternative feedstock for fuel.<br>
+<br>Chip fat and other waste oils have actually ended up being a crucial element of [biodiesel](https://www.zoominfo.com/c/mission-newenergy/346542889) with a reliable market emerging throughout Europe to gather and process the item.<br>
+<br>But with the quantity of [biodiesel](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) made from [UCO increasing](https://forest500.org/rankings/companies/mission-newenergy-limited) by around 40% every year because 2014, there merely isn't [adequate chip](https://www.pinterest.com.au/missionnewenergy/) fat to go around.<br>
+<br>According to a report from the [campaign](https://stocktwits.com/symbol/MNEL) group [Transport](https://www.pinterest.com.au/missionnewenergy/) & Environment, external, over half of the [UCO utilized](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) in Europe is imported.<br>
+<br>Their research study recommends this is [highly problematic](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) when it comes to effect 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 individuals in these countries 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 to other  aren't readily available but the circulation 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 to the UK and Ireland alone.<br>
+<br>By contrast, Thailand, which has a population of 70 million people, managed to gather around five million litres of UCO in 2019.<br>
+<br>"Because we are buying it, they have actually less used cooking oil to use on the important things that they were formerly utilizing it for," stated Greg Archer with Transport & Environment.<br>
+<br>"And they're just buying more virgin oil and that virgin oil is mainly palm oil, because that's the least expensive oil offered.<br>
+<br>"So indirectly, we're just motivating more deforestation in Southeast Asia."<br>
+<br>Another major problem with UCO is the suspicion of fraud.<br>
+<br>Because of demand from Europe, the rate of UCO is typically higher than palm oil. The concern is that some unscrupulous traders are merely diluting deliveries of UCO with palm.<br>
+<br>As oils of different types are blended in bulk for transportation, and no testing of the materials is carried out, some specialists think fraud is rife.<br>
+<br>The recommendation of scams 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 widely known that the [European Commission](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) has actually taken relevant actions to totally suppress unsound market practices in [biofuel](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) markets," said Angel Alberdi, EWABA's secretary general.<br>
+<br>He states a new database being developed by the EU will make sure that trading, accreditation and sustainability data on all bio-liquids will need to be registered.<br>
+<br>"The combination of modified certification schemes and the pan-EU track and trace database will ensure that no sustainability concerns develop in the whole [biofuels](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) and bio-liquids supply chain," he informed BBC News.<br>
+<br>Others in the field are worried that the database concept, which was first mooted in 2018, might not work in stemming thought fraud.<br>
+<br>The report from Transport & Environment explains that with shipping and aviation seeking 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 concerns, and threats of utilizing 'phony' UCO, potentially resulting in indirect effects such as logging."<br>
+<br>Follow Matt on Twitter @mattmcgrathbbc, external.<br>
+<br>Related subjects<br>
+<br>COP26<br>
+<br>Paris environment arrangement<br>
+<br>Climate<br>