Add Climate Change: Growing Doubts Over Chip Fat Biofuel
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<br>Climate change: Growing doubts over chip fat [biofuel](https://www.pinterest.com.au/missionnewenergy/)<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 study questions the ecological effect of increasing imports of utilized cooking oil (UCO) into the UK and Europe.<br>
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<br>[Chip fat](https://www.google.com/search?kgmid=/m/0cqd_rb) and other oils are considered waste, so when they are utilized to make [biodiesel](https://www.google.com/search?kgmid=/m/0cqd_rb) it saves carbon emissions by displacing fossil oil.<br>
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<br>But such is the demand throughout Europe that imports now account for more than half of the UCO that's made into fuel.<br>
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<br>According to the research study, external, there's no chance to show these [imports](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) are sustainable.<br>
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<br>With no testing of what's coming in, specialists believe it is likewise ripe for fraud.<br>
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<br>Used cooking oil imports might enhance logging<br>
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<br>Consumers present 'growing risk' to tropical forests<br>
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<br>Reducing emissions from transportation is [proving](https://pitchbook.com/profiles/company/51278-86) to be among the most difficult obstacles for federal governments all over the world.<br>
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<br>They've encouraged the usage of biofuels as an important means of curbing carbon from cars and trucks and trucks.<br>
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<br>Biofuels are generally a mix of nonrenewable fuel source and oil made from plants or vegetables.<br>
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<br>The truth that these crops can be re-grown and absorb more CO2 implies they cancel out the [carbon released](https://www.crunchbase.com/organization/mission-newenergy) when utilized in [engines](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608).<br>
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<br>Soy and palm oil were when extensively used as [elements](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) of [biodiesel](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) however this practice has been extensively rejected due to the fact that it [motivates](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) logging.<br>
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<br>So for the last decade approximately, making use of used cooking oil has broadened enormously as an alternative feedstock for fuel.<br>
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<br>Chip fat and other waste oils have ended up being a crucial component of [biodiesel](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) with an effective market [springing](https://www.google.com/search?kgmid=/m/0cqd_rb) up across Europe to gather and process the item.<br>
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<br>But with the quantity of [biodiesel](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) made from UCO increasing by around 40% every year given that 2014, there simply isn't sufficient chip fat to walk around.<br>
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<br>According to a report from the campaign group [Transport](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) & Environment, external, more than half of the [UCO utilized](https://pitchbook.com/profiles/company/51278-86) in Europe is imported.<br>
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<br>Their research study suggests this is highly bothersome when it comes to impacts on the environment.<br>
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<br>While UCO is considered a waste material in the UK, in China, Indonesia and Malaysia it has long been used to feed animals. The report raises the concern of what individuals 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](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) to other [European countries](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) aren't readily available however the flow of UCO is most likely to be comparable.<br>
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<br>With a population of around 33 million, that's close to three litres per head of used 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 individuals, managed to gather around five 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, because that's the least expensive oil 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 problem with UCO is the suspicion of fraud.<br>
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<br>Because of need from Europe, the price of UCO is frequently greater than palm oil. The worry is that some deceitful traders are simply watering down deliveries of UCO with palm.<br>
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<br>As oils of various types are blended in bulk for transport, and no screening of the products is performed, some professionals think scams is swarming.<br>
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<br>The tip of scams anywhere along the chain of supply is rejected by the European Waste-to-Advanced Biofuels Association (EWABA), who say there are robust accreditation schemes in place.<br>
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<br>"It is widely understood that the European Commission has taken appropriate steps to completely [suppress unsound](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) market practices in biofuel markets," said 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, certification and sustainability information on all bio-liquids will need to be signed up.<br>
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<br>"The [combination](https://www.crunchbase.com/organization/mission-newenergy) of revised accreditation schemes and the pan-EU track and trace database will make sure that no sustainability concerns occur in the entire biofuels and bio-liquids supply chain," he informed BBC News.<br>
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<br>Others in the field are worried that the database idea, which was very first mooted in 2018, might not be efficient in stemming believed fraud.<br>
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<br>The report from Transport & Environment explains that with shipping and air travel wanting to decarbonise by using biofuels, demand for UCO could double over the next years.<br>
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<br>"Rising the need beyond [sustainable supply](https://www.bloomberg.com/profile/company/MNELF:US) levels would these concerns, and [dangers](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) of utilizing 'fake' UCO, possibly causing 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 environment agreement<br>
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<br>Climate<br>
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