Add Climate Change: Growing Doubts Over Chip Fat Biofuel

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 <br>Climate change: [Growing doubts](https://www.bloomberg.com/profile/company/MNELF:US) over chip fat [biofuel](https://stocktwits.com/symbol/MNEL)<br>
 <br>21 April 2021<br>
 <br>remarks<br>
 <br>354 Comments<br>
 <br>New research study questions the ecological effect of increasing imports of used [cooking](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) oil (UCO) into the UK and Europe.<br>
 <br>Chip fat and other oils are considered waste, so when they are used to make [biodiesel](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) it saves carbon emissions by [displacing fossil](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) oil.<br>
 <br>But such is the need across Europe that imports now [represent majority](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) of the UCO that's made into fuel.<br>
 <br>According to the research study, external, there's no other way to prove these imports are sustainable.<br>
 <br>Without any testing of what's being available in, [specialists](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) think it is also ripe for fraud.<br>
 <br>Used cooking oil imports may enhance deforestation<br>
 <br>Consumers position 'growing hazard' to tropical forests<br>
 <br>Reducing emissions from transportation is showing to be among the toughest difficulties for federal governments all over the world.<br>
 <br>They have actually encouraged the use of biofuels as an essential methods of curbing carbon from cars and trucks and trucks.<br>
 <br>Biofuels are usually a mix of [fossil fuel](https://www.crunchbase.com/organization/mission-newenergy) and oil made from plants or [veggies](https://www.bloomberg.com/profile/company/MNELF:US).<br>
 <br>The truth that these crops can be re-grown and take in more CO2 implies they [counteract](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) the carbon emitted when used in engines.<br>
 <br>Soy and palm oil were once extensively utilized as parts of [biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) but this practice has been widely challenged because it encourages deforestation.<br>
 <br>So for the last years approximately, using utilized cooking oil has expanded enormously as an alternative feedstock for fuel.<br>
 <br>Chip fat and other waste oils have actually become a key component of [biodiesel](https://www.zoominfo.com/c/mission-newenergy/346542889) with an efficient market [springing](https://www.bloomberg.com/profile/company/MNELF:US) up throughout Europe to gather and process the item.<br>
 <br>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 since 2014, there merely isn't sufficient chip fat to go around.<br>
 <br>According to a report from the project group Transport & Environment, external, more than half of the UCO used in Europe is imported.<br>
 <br>Their research study recommends this is [extremely](https://forest500.org/rankings/companies/mission-newenergy-limited) troublesome when it [pertains](https://forest500.org/rankings/companies/mission-newenergy-limited) to effect on the environment.<br>
 <br>While UCO is considered a waste product in the UK, in China, Indonesia and Malaysia it has 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>
 <br>In 2019, Malaysia exported 90 million litres of UCO to the UK and [Ireland](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/).  for their [exports](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) to other European nations aren't available however the circulation of UCO is most likely to be comparable.<br>
 <br>With a [population](https://www.businessnews.com.au/Company/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 alone.<br>
 <br>By comparison, Thailand, which has a population of 70 million people, handled to collect around five million litres of UCO in 2019.<br>
 <br>"Because we are purchasing it, they have less utilized cooking oil to utilize on the important things that they were formerly utilizing it for," said Greg Archer with Transport & [Environment](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/).<br>
 <br>"And they're just purchasing more virgin oil and that virgin oil is largely palm oil, because that's the most inexpensive oil readily 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 demand from Europe, the cost of UCO is often greater than palm oil. The worry is that some unethical traders are just watering down deliveries of UCO with palm.<br>
 <br>As oils of various types are mixed in bulk for transport, and no screening of the materials is performed, some experts think scams is rife.<br>
 <br>The recommendation of scams anywhere along the chain of supply is declined by the European Waste-to-Advanced Biofuels Association (EWABA), who say there are robust certification schemes in location.<br>
 <br>"It is commonly known that the European Commission has taken appropriate actions to entirely suppress unsound market practices in [biofuel](https://www.pinterest.com.au/missionnewenergy/) markets," said Angel Alberdi, EWABA's secretary general.<br>
 <br>He states a brand-new database being developed by the EU will make sure that trading, certification and sustainability data on all bio-liquids will need to be signed up.<br>
 <br>"The combination of revised certification plans and the pan-EU track and trace database will ensure that no sustainability problems occur in the entire biofuels and bio-liquids supply chain," he informed BBC News.<br>
 <br>Others in the field are concerned that the database concept, which was very first mooted in 2018, may not work in stemming presumed fraud.<br>
 <br>The report from Transport & Environment explains that with shipping and air travel seeking to decarbonise by utilizing biofuels, need for UCO could double over the next decade.<br>
 <br>"Rising the need beyond sustainable supply levels would increase these issues, and risks of utilizing 'fake' UCO, potentially resulting in indirect impacts such as deforestation."<br>
 <br>Follow Matt on Twitter @mattmcgrathbbc, external.<br>
 <br>Related topics<br>
 <br>COP26<br>
 <br>Paris environment arrangement<br>
 <br>Climate<br>