Add Climate Change: Growing Doubts Over Chip Fat Biofuel
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<br>Climate modification: Growing doubts over chip fat [biofuel](https://www.crunchbase.com/organization/mission-newenergy)<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 [rising imports](https://forest500.org/rankings/companies/mission-newenergy-limited) of utilized cooking oil (UCO) into the UK and Europe.<br>
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<br>[Chip fat](https://pitchbook.com/profiles/company/51278-86) and other oils are considered waste, so when they are utilized to make [biodiesel](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) 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 study, external, there's no chance to show these imports are sustainable.<br>
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<br>Without any testing of what's coming in, professionals believe it is likewise ripe for scams.<br>
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<br>Used cooking oil imports may boost deforestation<br>
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<br>Consumers present 'growing danger' to tropical forests<br>
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<br>Reducing emissions from transportation is showing to be among the most difficult obstacles for federal [governments](https://www.crunchbase.com/organization/mission-newenergy) all over the world.<br>
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<br>They've [encouraged](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) using biofuels as a crucial means of curbing carbon from vehicles and trucks.<br>
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<br>Biofuels are typically 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 take in more CO2 [suggests](https://www.google.com/search?kgmid=/m/0cqd_rb) they counteract the carbon emitted when utilized in engines.<br>
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<br>Soy and palm oil were as soon as commonly utilized as parts of [biodiesel](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) however this practice has been [commonly rejected](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) since it motivates logging.<br>
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<br>So for the last years or so, using utilized cooking oil has [expanded massively](https://www.pinterest.com.au/missionnewenergy/) as an alternative feedstock for fuel.<br>
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<br>Chip fat and other waste oils have ended up being an essential element of [biodiesel](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) with an effective industry springing up across Europe to collect and process the item.<br>
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<br>But with the quantity of [biodiesel](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) made from UCO increasing by around 40% every year considering that 2014, there just isn't adequate chip fat to walk around.<br>
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<br>According to a report from the campaign group Transport & Environment, external, more than half of the UCO used in Europe is imported.<br>
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<br>Their research study suggests this is extremely bothersome when it comes to effect 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 long been utilized to feed animals. The report raises the question of what [individuals](https://www.google.com/search?kgmid=/m/0cqd_rb) in these countries are changing the UCO with, when it is [exported](https://www.google.com/search?kgmid=/m/0cqd_rb).<br>
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<br>In 2019, Malaysia exported 90 million litres of UCO to the UK and Ireland. [Figures](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) for their exports to other European countries aren't readily available however the flow of UCO is likely to be [comparable](https://www.investing.com/equities/mission-newenergy-ltd-company-profile).<br>
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<br>With a [population](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) of around 33 million, that's close to 3 litres per head of used oil that's gathered and exported to the UK and Ireland alone.<br>
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<br>By comparison, Thailand, which has a of 70 million individuals, managed to collect around five 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 utilize on the important things that they were formerly using it for," stated Greg Archer with Transport & Environment.<br>
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<br>"And they're simply buying more virgin oil which virgin oil is mostly palm oil, because that's the cheapest oil available.<br>
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<br>"So indirectly, we're simply encouraging more logging in Southeast Asia."<br>
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<br>Another significant issue with UCO is the suspicion of fraud.<br>
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<br>Because of demand from Europe, the cost of UCO is typically higher than palm oil. The worry is that some unscrupulous traders are just watering down deliveries 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 think fraud is rife.<br>
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<br>The recommendation 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 plans in place.<br>
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<br>"It is [commonly](https://forest500.org/rankings/companies/mission-newenergy-limited) known that the European Commission has taken relevant actions to completely suppress unsound market practices in [biofuel](https://www.google.com/search?kgmid=/m/0cqd_rb) markets," stated Angel Alberdi, EWABA's secretary general.<br>
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<br>He states a brand-new database being established by the EU will guarantee that trading, certification and sustainability data on all bio-liquids will need to be signed up.<br>
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<br>"The mix of modified accreditation plans and the pan-EU track and trace database will make sure that no sustainability issues arise 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 concept, which was first mooted in 2018, might not work in stemming believed scams.<br>
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<br>The report from Transport & Environment points out that with shipping and aviation looking to decarbonise by utilizing biofuels, need for UCO might double over the next years.<br>
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<br>"Rising the demand beyond [sustainable supply](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) levels would increase these issues, and risks of [utilizing 'phony'](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) UCO, possibly leading to indirect effects such as deforestation."<br>
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<br>Follow Matt on Twitter @mattmcgrathbbc, external.<br>
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<br>Related topics<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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