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Climate change: Growing doubts over chip fat [biofuel](https://www.zoominfo.com/c/mission-newenergy/346542889)
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21 April 2021
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comments
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354 Comments
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New research concerns the environmental impact of rising [imports](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) of used cooking oil (UCO) into the UK and Europe.
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Chip fat and other oils are thought about waste, so when they are utilized to make [biodiesel](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) it conserves carbon emissions by displacing fossil oil.
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But such is the need throughout Europe that imports now represent more than half of the UCO that's made into fuel.
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According to the study, external, there's no chance to show these imports are sustainable.
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With no screening of what's being available in, specialists believe it is also ripe for fraud.
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Used cooking oil [imports](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) might improve logging
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Consumers pose 'growing threat' to tropical forests
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Reducing emissions from [transport](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) is showing to be among the toughest obstacles for federal governments all over the world.
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They've motivated making use of biofuels as an important methods of curbing carbon from vehicles and trucks.
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Biofuels are generally a mix of fossil fuel and oil made from plants or vegetables.
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The fact that these crops can be and take in more CO2 suggests they cancel out the [carbon discharged](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) when utilized in engines.
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Soy and palm oil were when extensively utilized as components of [biodiesel](https://www.google.com/search?kgmid=/m/0cqd_rb) however this practice has actually been extensively rejected because it [encourages](https://stocktwits.com/symbol/MNEL) deforestation.
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So for the last decade or so, using used cooking oil has broadened massively as an alternative feedstock for fuel.
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Chip fat and other waste oils have ended up being a key component of [biodiesel](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) with a reliable market [emerging](https://www.bloomberg.com/profile/company/MNELF:US) across Europe to collect and process the item.
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But with the quantity of [biodiesel](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) made from UCO increasing by around 40% every year because 2014, there just isn't enough chip fat to walk around.
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According to a report from the campaign group Transport & Environment, external, majority of the UCO utilized in Europe is imported.
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Their research study recommends this is highly problematic when it pertains to impacts on the environment.
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While UCO is considered a waste material in the UK, in China, Indonesia and Malaysia it has actually long been utilized to [feed animals](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm). The report raises the [question](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) of what people in these nations are replacing the UCO with, when it is exported.
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In 2019, [Malaysia exported](https://pitchbook.com/profiles/company/51278-86) 90 million litres of UCO to the UK and Ireland. Figures for their exports to other European countries aren't offered but the circulation of UCO is likely to be comparable.
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With a population of around 33 million, that's close to three litres per head of utilized oil that's collected and exported to the UK and Ireland alone.
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By comparison, Thailand, which has a population of 70 million individuals, handled to collect around five million litres of UCO in 2019.
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"Because we are buying it, they have actually less utilized cooking oil to utilize on the things that they were formerly using it for," stated Greg Archer with Transport & Environment.
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"And they're just purchasing more virgin oil and that virgin oil is mainly palm oil, because that's the least expensive oil offered.
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"So indirectly, we're simply motivating more logging in Southeast Asia."
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Another major issue with UCO is the suspicion of scams.
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Because of need from Europe, the price of UCO is typically higher than palm oil. The worry is that some unscrupulous traders are just diluting deliveries of UCO with palm.
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As oils of different types are mixed in bulk for transport, and no screening of the products is performed, some experts think scams is rife.
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The suggestion of scams anywhere along the chain of supply is rejected by the European Waste-to-Advanced Biofuels Association (EWABA), who state there are robust accreditation plans in place.
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"It is widely known that the [European Commission](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) has actually taken pertinent steps to entirely [curb unsound](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) market practices in [biofuel](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) markets," said Angel Alberdi, EWABA's secretary general.
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He says a new database being established by the EU will ensure that trading, accreditation and sustainability data on all bio-liquids will have to be registered.
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"The mix of modified certification schemes and the pan-EU track and [trace database](https://pitchbook.com/profiles/company/51278-86) will guarantee that no [sustainability issues](https://www.businessnews.com.au/Company/Mission-NewEnergy) arise in the entire biofuels and bio-liquids supply chain," he informed BBC News.
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Others in the field are concerned that the database concept, which was very first mooted in 2018, may not be efficient in stemming thought scams.
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The report from Transport & Environment mentions that with shipping and aviation looking to decarbonise by using biofuels, demand for UCO could double over the next years.
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"Rising the demand beyond [sustainable supply](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) levels would increase these concerns, and risks of using 'fake' UCO, potentially leading to indirect effects such as [deforestation](https://forest500.org/rankings/companies/mission-newenergy-limited)."
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Follow Matt on Twitter @mattmcgrathbbc, external.
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Related topics
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COP26
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Paris climate arrangement
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Climate
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