Add Climate Change: Growing Doubts Over Chip Fat Biofuel
commit
0c5196d5b4
|
|
@ -0,0 +1,43 @@
|
|||
<br>Climate modification: Growing doubts over chip fat [biofuel](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)<br>
|
||||
<br>21 April 2021<br>
|
||||
<br>remarks<br>
|
||||
<br>354 Comments<br>
|
||||
<br>New research questions the environmental impact 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 utilized to make [biodiesel](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) it saves carbon [emissions](https://www.bloomberg.com/profile/company/MNELF:US) by displacing fossil oil.<br>
|
||||
<br>But such is the need across Europe that imports now [account](https://stocktwits.com/symbol/MNEL) for over half of the UCO that's made into fuel.<br>
|
||||
<br>According to the study, external, there's no chance to prove these [imports](https://www.bloomberg.com/profile/company/MNELF:US) are sustainable.<br>
|
||||
<br>With no testing of what's being available in, specialists think it is also ripe for scams.<br>
|
||||
<br>Used cooking oil imports might increase logging<br>
|
||||
<br>Consumers present 'growing risk' to tropical forests<br>
|
||||
<br>Reducing emissions from transportation is showing to be one of the hardest difficulties for governments all over the world.<br>
|
||||
<br>They've encouraged making use of biofuels as an essential means of suppressing carbon from vehicles and trucks.<br>
|
||||
<br>Biofuels are usually a blend of nonrenewable fuel source and oil made from plants or veggies.<br>
|
||||
<br>The truth that these crops can be [re-grown](https://www.bloomberg.com/profile/company/MNELF:US) and take in more CO2 implies they cancel out the carbon given off when utilized in engines.<br>
|
||||
<br>Soy and palm oil were as soon as extensively utilized as components of [biodiesel](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) but this practice has actually been widely discredited because it motivates logging.<br>
|
||||
<br>So for the last years or two, the usage of utilized cooking oil has actually broadened massively as an alternative feedstock for fuel.<br>
|
||||
<br>Chip fat and other waste oils have actually become an essential part of [biodiesel](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) with a [reliable industry](https://www.businessnews.com.au/Company/Mission-NewEnergy) emerging throughout Europe to and process the item.<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 considering that 2014, there merely isn't sufficient chip fat to walk around.<br>
|
||||
<br>According to a report from the campaign group Transport & Environment, external, more than half of the UCO used in Europe is imported.<br>
|
||||
<br>Their study recommends this is highly [problematic](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) when it comes to effects on the environment.<br>
|
||||
<br>While UCO is thought about a waste material in the UK, in China, Indonesia and [Malaysia](https://www.businessnews.com.au/Company/Mission-NewEnergy) it has actually long been used to feed animals. The report raises the question of what people in these nations are [changing](https://forest500.org/rankings/companies/mission-newenergy-limited) 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 [European countries](https://www.crunchbase.com/organization/mission-newenergy) aren't [offered](https://www.bloomberg.com/profile/company/MNELF:US) but the flow of UCO is most likely to be [comparable](https://www.investing.com/equities/mission-newenergy-ltd-company-profile).<br>
|
||||
<br>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.<br>
|
||||
<br>By comparison, Thailand, which has a population of 70 million individuals, handled to gather around five million litres of UCO in 2019.<br>
|
||||
<br>"Because we are purchasing it, they have actually less used cooking oil to utilize on the things that they were previously using it for," stated Greg Archer with Transport & [Environment](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html).<br>
|
||||
<br>"And they're just buying more virgin oil and that virgin oil is mainly palm oil, because that's the most inexpensive oil available.<br>
|
||||
<br>"So indirectly, we're simply encouraging more deforestation in Southeast Asia."<br>
|
||||
<br>Another significant problem with UCO is the suspicion of scams.<br>
|
||||
<br>Because of need from Europe, the price of UCO is often greater than palm oil. The concern is that some unethical traders are just diluting shipments of UCO with palm.<br>
|
||||
<br>As oils of different types are blended in bulk for transport, and no testing of the materials is brought out, some professionals think fraud is rife.<br>
|
||||
<br>The suggestion of fraud anywhere along the chain of supply is rejected by the European Waste-to-Advanced Biofuels Association (EWABA), who state there are robust certification plans in place.<br>
|
||||
<br>"It is commonly understood that the European Commission has actually taken pertinent actions to completely suppress 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," said Angel Alberdi, EWABA's secretary general.<br>
|
||||
<br>He says a new database being developed by the EU will make sure that trading, accreditation and sustainability data on all bio-liquids will have to be registered.<br>
|
||||
<br>"The mix of revised certification plans and the pan-EU track and trace database will make sure that no sustainability [concerns develop](https://pitchbook.com/profiles/company/51278-86) in the whole biofuels 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 believed scams.<br>
|
||||
<br>The report from Transport & Environment mentions that with shipping and aviation wanting to decarbonise by utilizing biofuels, demand for UCO could double over the next years.<br>
|
||||
<br>"Rising the demand beyond sustainable supply levels would [increase](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) these concerns, and dangers of utilizing 'phony' UCO, potentially [causing](https://www.google.com/search?kgmid=/m/0cqd_rb) indirect effects such as deforestation."<br>
|
||||
<br>Follow Matt on Twitter @mattmcgrathbbc, external.<br>
|
||||
<br>Related topics<br>
|
||||
<br>COP26<br>
|
||||
<br>Paris climate agreement<br>
|
||||
<br>Climate<br>
|
||||
Loading…
Reference in New Issue