Add US EPA Says it is Auditing Biofuel Producers' used Cooking Oil Supply

US-EPA-Says-it-is-Auditing-Biofuel-Producers%27-used-Cooking-Oil-Supply.md

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+<br>By Leah Douglas<br>
+<br>Aug 7 (Reuters) - The U.S. [Environmental Protection](https://www.pinterest.com.au/missionnewenergy/) Agency has introduced examinations into the supply chains of a minimum of two sustainable fuel manufacturers amidst industry concerns that some may be using deceitful feedstocks for [biodiesel](https://www.crunchbase.com/organization/mission-newenergy) to secure rewarding [federal](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) [government subsidies](https://forest500.org/rankings/companies/mission-newenergy-limited).<br>
+<br>EPA spokesperson Jeffrey Landis informed Reuters that the agency has actually launched audits over the previous year, however declined to determine the [companies targeted](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) due to the fact that the investigations are continuous.<br>
+<br>The production of [biodiesel](https://www.crunchbase.com/organization/mission-newenergy) from [sustainable](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) components, like used cooking oil, can make refiners a [multitude](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) of state and federal ecological and [climate](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) aids, consisting of tradable credits under a [program administered](https://pitchbook.com/profiles/company/51278-86) by the EPA called the Renewable Fuel Standard. But worries have actually been mounting that some supplies labeled as utilized cooking oil are actually cheaper and less sustainable virgin palm oil, a product that is connected with deforestation and other [ecological damage](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html).<br>
+<br>The concern came into focus following a surge in utilized cooking oil  from Asia over the last few years that analysts have actually stated involves [unrealistically](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) high volumes [relative](https://www.businessnews.com.au/Company/Mission-NewEnergy) to the amount of [cooking](https://forest500.org/rankings/companies/mission-newenergy-limited) oil used and [recovered](https://www.pinterest.com.au/missionnewenergy/) in the region. The European Union is also examining feedstocks over the [scams concerns](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053).<br>
+<br>The EPA audits started after the [company](https://pitchbook.com/profiles/company/51278-86) updated domestic supply-chain [accounting requirements](https://www.crunchbase.com/organization/mission-newenergy) in July 2023 for [eco-friendly fuel](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) manufacturers seeking to make credits under the RFS, he stated.<br>
+<br>"EPA has actually performed audits of renewable fuel manufacturers because July 2023 which consists of, to name a few things, an evaluation of the places that utilized cooking oil used in sustainable fuel production was gathered," he said. "These investigations, however, are continuous and we are not able to go over continuous enforcement investigations."<br>
+<br>U.S. senators from farm states have required more oversight of [biofuel](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) feedstocks, saying federal agencies should be as rigorous in validating imports as they are auditing domestic supply chains.<br>
+<br>"The Biden administration has actually created energetic standards to validate, not simply trust, American manufacturers, and it is vital that the same scrutiny is applied to imported feedstocks," 6 U.S. senators, led by Roger Marshall and Sherrod Brown, composed in a June 20 letter to federal companies.<br>
+<br>Another letter from 15 senators to the Treasury Department on July 30 advised the administration to leave out imported feedstocks like UCO from an additional tidy fuel tax credit program passed in the Inflation Reduction Act. ([Reporting](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) by Leah Douglas in Washington Editing by Richard Valdmanis and Matthew Lewis)<br>