Add 'Climate Change: Growing Doubts Over Chip Fat Biofuel'
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<br>Climate modification: [Growing doubts](https://www.bloomberg.com/profile/company/MNELF:US) 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 concerns the environmental impact of increasing [imports](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) 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](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) to make [biodiesel](https://www.zoominfo.com/c/mission-newenergy/346542889) it saves carbon emissions by oil.<br>
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<br>But such is the demand across Europe that imports now represent majority of the UCO that's made into fuel.<br>
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<br>According to the research study, external, there's no way to show these imports are [sustainable](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608).<br>
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<br>Without any testing of what's being available in, professionals think it is likewise ripe for scams.<br>
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<br>Used cooking oil imports might improve logging<br>
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<br>Consumers posture ['growing](https://forest500.org/rankings/companies/mission-newenergy-limited) threat' to tropical forests<br>
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<br>Reducing emissions from transportation is proving to be among the [hardest challenges](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) for governments all over the world.<br>
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<br>They have actually encouraged making use of biofuels as an essential methods of curbing carbon from cars and trucks and lorries.<br>
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<br>Biofuels are normally a blend of [fossil fuel](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) and oil made from plants or veggies.<br>
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<br>The fact that these crops can be [re-grown](https://www.bloomberg.com/profile/company/MNELF:US) and soak up more CO2 means they cancel out the carbon produced when used in engines.<br>
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<br>Soy and palm oil were as soon as widely utilized as components of [biodiesel](https://www.zoominfo.com/c/mission-newenergy/346542889) but this practice has actually been widely rejected since it motivates deforestation.<br>
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<br>So for the last decade approximately, making use of used cooking oil has actually expanded enormously as an alternative [feedstock](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) for fuel.<br>
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<br>Chip fat and other waste oils have ended up being a key component of [biodiesel](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) with a reliable market springing up across Europe to collect and process the item.<br>
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<br>But with the quantity of [biodiesel](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) made from [UCO increasing](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) by around 40% every year given that 2014, there just isn't enough chip fat to walk around.<br>
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<br>According to a report from the project group Transport & Environment, external, more than half of the UCO used in Europe is imported.<br>
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<br>Their study suggests this is highly problematic when it comes to effects on the environment.<br>
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<br>While UCO is considered a waste product in the UK, in China, Indonesia and Malaysia it has actually long been utilized to feed animals. The report raises the question 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](https://www.pinterest.com.au/missionnewenergy/) for their exports to other European countries aren't offered but the flow of UCO is most likely to be similar.<br>
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<br>With a population of around 33 million, that's close to 3 litres per head of utilized oil that's collected and exported to the UK and Ireland alone.<br>
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<br>By contrast, Thailand, which has a [population](https://pitchbook.com/profiles/company/51278-86) of 70 million individuals, handled to collect around 5 million litres of UCO in 2019.<br>
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<br>"Because we are purchasing it, they have actually less utilized cooking oil to utilize on the things that they were previously using it for," stated Greg Archer with Transport & Environment.<br>
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<br>"And they're just purchasing more virgin oil and that virgin oil is mainly palm oil, because that's the most inexpensive oil readily available.<br>
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<br>"So indirectly, we're just encouraging more deforestation in Southeast Asia."<br>
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<br>Another significant issue with UCO is the suspicion of fraud.<br>
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<br>Because of need from Europe, the cost of UCO is frequently greater than palm oil. The worry is that some unscrupulous traders are just diluting deliveries of UCO with palm.<br>
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<br>As oils of various types are blended in bulk for transportation, and no testing of the materials is performed, some specialists believe scams is rife.<br>
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<br>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 certification plans in place.<br>
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<br>"It is extensively understood that the [European](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) Commission has actually taken appropriate steps to completely suppress unsound market practices in [biofuel](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) markets," said Angel Alberdi, EWABA's secretary general.<br>
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<br>He states a brand-new database being developed by the EU will ensure that trading, certification and sustainability information on all bio-liquids will have to be registered.<br>
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<br>"The mix of modified certification plans and the pan-EU track and trace database will ensure that no sustainability problems arise in the entire biofuels and [bio-liquids supply](https://www.businessnews.com.au/Company/Mission-NewEnergy) chain," he told BBC News.<br>
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<br>Others in the field are worried that the database idea, which was first mooted in 2018, may not be reliable in stemming suspected scams.<br>
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<br>The report from Transport & Environment mentions that with shipping and air travel aiming to decarbonise by utilizing biofuels, demand for UCO might double over the next years.<br>
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<br>"Rising the demand beyond sustainable supply levels would increase these issues, and threats of utilizing 'phony' UCO, potentially causing indirect [effects](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) such as deforestation."<br>
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<br>Follow Matt on Twitter @mattmcgrathbbc, external.<br>
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<br>Related topics<br>
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<br>COP26<br>
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<br>Paris environment contract<br>
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<br>Climate<br>
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