Add Climate Change: Growing Doubts Over Chip Fat Biofuel
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<br>[Climate](https://www.crunchbase.com/organization/mission-newenergy) change: Growing doubts over chip fat [biofuel](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/)<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 environmental impact of [increasing](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) imports of used cooking 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 used to make [biodiesel](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) it conserves carbon by displacing fossil oil.<br>
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<br>But such is the demand throughout Europe that imports now represent over half of the UCO that's made into fuel.<br>
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<br>According to the study, external, there's no way to show these imports are sustainable.<br>
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<br>Without any testing of what's being available in, [experts](https://forest500.org/rankings/companies/mission-newenergy-limited) believe it is likewise ripe for scams.<br>
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<br>Used cooking oil imports might increase deforestation<br>
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<br>Consumers present 'growing risk' to tropical forests<br>
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<br>Reducing emissions from transport is proving to be among the toughest obstacles for federal governments all over the world.<br>
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<br>They have actually motivated using biofuels as an essential methods of [curbing](https://www.zoominfo.com/c/mission-newenergy/346542889) carbon from cars and trucks.<br>
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<br>Biofuels are typically a blend of fossil fuel and oil made from plants or veggies.<br>
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<br>The reality that these crops can be re-grown and take in more CO2 means they cancel out the carbon discharged when utilized in engines.<br>
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<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](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) has been widely rejected due to the fact that it encourages deforestation.<br>
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<br>So for the last years approximately, using used cooking oil has broadened massively as an alternative feedstock for fuel.<br>
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<br>Chip fat and other waste oils have ended up being a crucial element of [biodiesel](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) with a reliable market emerging throughout Europe to collect and process the [product](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm).<br>
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<br>But with the amount of [biodiesel](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) made from UCO increasing by around 40% every year considering that 2014, there simply isn't [adequate chip](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) fat to go around.<br>
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<br>According to a report from the [campaign](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) group Transport & Environment, external, over half of the UCO utilized in Europe is imported.<br>
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<br>Their research [study suggests](https://www.bloomberg.com/profile/company/MNELF:US) this is highly problematic when it concerns influence on the environment.<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 [concern](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) of what [individuals](https://pitchbook.com/profiles/company/51278-86) in these countries 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 available but the circulation 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 three litres per head of utilized oil that's gathered and exported to the UK and Ireland alone.<br>
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<br>By contrast, Thailand, which has a population of 70 million people, [managed](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) to gather around 5 million litres of UCO in 2019.<br>
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<br>"Because we are buying it, they have less used cooking oil to use on the things that they were formerly using it for," stated Greg Archer with Transport & Environment.<br>
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<br>"And they're simply purchasing more virgin oil which virgin oil is mostly palm oil, since that's the most inexpensive oil readily available.<br>
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<br>"So indirectly, we're simply motivating more logging 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 need from Europe, the rate of UCO is frequently greater than palm oil. The concern is that some unethical traders are just diluting deliveries of UCO with palm.<br>
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<br>As oils of different types are blended in bulk for transportation, and no screening of the products is performed, some professionals think scams is swarming.<br>
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<br>The idea 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 schemes in location.<br>
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<br>"It is widely understood that the European Commission has actually taken relevant actions to completely suppress unsound market practices in [biofuel](https://www.businessnews.com.au/Company/Mission-NewEnergy) markets," stated Angel Alberdi, EWABA's secretary general.<br>
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<br>He says a new database being developed by the EU will guarantee that trading, accreditation and sustainability data on all bio-liquids will need to be signed up.<br>
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<br>"The [combination](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) of revised accreditation plans and the pan-EU track and trace database will guarantee that no sustainability problems arise in the entire [biofuels](https://www.crunchbase.com/organization/mission-newenergy) and bio-liquids supply chain," he told BBC News.<br>
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<br>Others in the field are concerned that the database concept, which was very first mooted in 2018, may not work in stemming believed fraud.<br>
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<br>The report from Transport & Environment points out that with shipping and aviation wanting to decarbonise by utilizing biofuels, need for UCO might double over the next decade.<br>
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<br>"Rising the demand beyond sustainable supply levels would increase these concerns, and threats of using 'fake' UCO, possibly leading to indirect impacts such as [deforestation](https://www.bloomberg.com/profile/company/MNELF:US)."<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 environment contract<br>
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<br>Climate<br>
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