Add Climate Change: Growing Doubts Over Chip Fat Biofuel
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<br>Climate change: Growing doubts over chip fat [biofuel](https://www.businessnews.com.au/Company/Mission-NewEnergy)<br>
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<br>21 April 2021<br>
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<br>remarks<br>
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<br>354 Comments<br>
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<br>New research concerns the ecological impact of [increasing](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) imports of used [cooking](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) oil (UCO) into the UK and Europe.<br>
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<br>Chip fat and other oils are considered waste, so when they are utilized to make [biodiesel](https://www.businessnews.com.au/Company/Mission-NewEnergy) it saves carbon [emissions](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) by displacing fossil oil.<br>
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<br>But such is the demand throughout Europe that imports now account for majority of the UCO that's made into fuel.<br>
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<br>According to the study, external, there's no other way to show these imports are sustainable.<br>
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<br>Without any [testing](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) of what's coming in, think it is likewise ripe for scams.<br>
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<br>Used cooking oil imports may [improve](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) logging<br>
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<br>Consumers present 'growing danger' to tropical forests<br>
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<br>Reducing emissions from transport is proving to be one of the toughest obstacles for federal governments all over the world.<br>
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<br>They've encouraged using biofuels as a crucial methods of suppressing carbon from cars and trucks and trucks.<br>
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<br>Biofuels are generally a blend of fossil fuel and oil made from plants or vegetables.<br>
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<br>The reality that these crops can be re-grown and absorb more CO2 means they counteract the carbon emitted when utilized in engines.<br>
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<br>Soy and palm oil were when extensively used as parts of [biodiesel](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) however this practice has been commonly challenged because it encourages [deforestation](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053).<br>
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<br>So for the last years approximately, the usage of utilized cooking oil has actually broadened massively as an [alternative feedstock](https://www.zoominfo.com/c/mission-newenergy/346542889) for fuel.<br>
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<br>Chip fat and other waste oils have actually ended up being a key component of [biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) with an [effective market](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) springing up throughout Europe to [collect](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) and process the item.<br>
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<br>But with the quantity of [biodiesel](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) made from UCO increasing by around 40% every year because 2014, there merely isn't enough chip fat to walk around.<br>
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<br>According to a report from the campaign group Transport & Environment, external, majority of the UCO used in Europe is imported.<br>
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<br>Their study suggests this is highly troublesome when it concerns influence on the [environment](https://www.businessnews.com.au/Company/Mission-NewEnergy).<br>
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<br>While UCO is thought about a waste product in the UK, in China, Indonesia and Malaysia it has actually long been used to feed animals. The report raises the question of what people in these nations are replacing 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 for their exports to other European countries aren't offered but the circulation of UCO is most likely to be comparable.<br>
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<br>With a [population](https://www.crunchbase.com/organization/mission-newenergy) of around 33 million, that's close to three litres per head of utilized oil that's gathered and exported to the UK and [Ireland](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) alone.<br>
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<br>By contrast, Thailand, which has a population of 70 million individuals, managed 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 used cooking oil to use on the things that they were previously utilizing it for," stated Greg Archer with Transport & Environment.<br>
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<br>"And they're just purchasing more virgin oil which virgin oil is mainly palm oil, because that's the cheapest oil offered.<br>
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<br>"So indirectly, we're simply encouraging more deforestation in Southeast Asia."<br>
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<br>Another major problem with UCO is the suspicion of fraud.<br>
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<br>Because of demand from Europe, the rate of UCO is typically higher than palm oil. The concern is that some unethical traders are just diluting shipments of UCO with palm.<br>
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<br>As oils of various types are mixed in bulk for transport, and no testing of the materials is performed, some professionals believe fraud is rife.<br>
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<br>The suggestion of fraud anywhere along the chain of supply is turned down by the European Waste-to-Advanced Biofuels Association (EWABA), who state there are robust accreditation plans in place.<br>
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<br>"It is widely known that the European Commission has taken pertinent steps to completely suppress unsound market practices in [biofuel](https://stocktwits.com/symbol/MNEL) markets," said Angel Alberdi, EWABA's secretary general.<br>
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<br>He states a new database being developed by the EU will guarantee that trading, certification and sustainability information on all bio-liquids will need to be signed up.<br>
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<br>"The combination of [revised certification](https://pitchbook.com/profiles/company/51278-86) schemes and the pan-EU track and trace database will make sure that no sustainability problems occur in the entire biofuels and bio-liquids supply chain," he told BBC News.<br>
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<br>Others in the field are concerned that the database idea, which was first mooted in 2018, may not be reliable in stemming presumed fraud.<br>
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<br>The report from Transport & Environment points out that with shipping and aviation seeking to decarbonise by using biofuels, need for UCO might double over the next years.<br>
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<br>"Rising the need beyond [sustainable supply](https://www.zoominfo.com/c/mission-newenergy/346542889) levels would increase these issues, and threats of utilizing 'phony' UCO, potentially [leading](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) to indirect impacts such as logging."<br>
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<br>Follow Matt on Twitter @mattmcgrathbbc, external.<br>
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<br>Related subjects<br>
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<br>COP26<br>
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<br>Paris climate arrangement<br>
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<br>Climate<br>
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