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<br>Climate modification: Growing doubts over chip fat [biofuel](https://stocktwits.com/symbol/MNEL)<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 environmental impact of rising imports of used cooking oil (UCO) into the UK and Europe.<br> |
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<br>Chip fat and other oils are thought about waste, so when they are used to make [biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) it conserves carbon emissions by displacing fossil oil.<br> |
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<br>But such is the demand across Europe that imports now account for over half 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 prove these are sustainable.<br> |
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<br>Without any screening 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 may improve deforestation<br> |
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<br>Consumers position 'growing hazard' to tropical forests<br> |
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<br>Reducing emissions from [transport](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) is proving to be one of the most difficult obstacles for governments all over the world.<br> |
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<br>They have actually motivated using biofuels as an [essential methods](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) of [curbing](https://www.pinterest.com.au/missionnewenergy/) carbon from vehicles and [lorries](https://www.bloomberg.com/profile/company/MNELF:US).<br> |
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<br>Biofuels are generally a blend of nonrenewable fuel source and oil made from plants or veggies.<br> |
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<br>The fact that these crops can be re-grown and soak up more CO2 implies they cancel out the carbon emitted when used in engines.<br> |
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<br>Soy and palm oil were once commonly used as parts of [biodiesel](https://www.businessnews.com.au/Company/Mission-NewEnergy) however this practice has been commonly challenged since it motivates logging.<br> |
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<br>So for the last decade approximately, making use of used cooking oil has actually broadened massively as an alternative feedstock for fuel.<br> |
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<br>Chip fat and other waste oils have actually become a crucial element of [biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) with a reliable industry emerging throughout Europe to collect and process the product.<br> |
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<br>But with the quantity of [biodiesel](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) made from UCO increasing by around 40% every year since 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 extremely troublesome when it pertains to effects on the environment.<br> |
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<br>While UCO is thought about a waste material in the UK, in China, Indonesia and Malaysia it has long been utilized to feed animals. The report raises the concern of what individuals in these countries are [replacing](https://stocktwits.com/symbol/MNEL) 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 nations](https://www.bloomberg.com/profile/company/MNELF:US) 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 [utilized oil](https://www.crunchbase.com/organization/mission-newenergy) that's gathered and exported to the UK and Ireland alone.<br> |
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<br>By contrast, Thailand, which has a [population](https://www.crunchbase.com/organization/mission-newenergy) of 70 million individuals, [handled](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) to [collect](https://stocktwits.com/symbol/MNEL) around 5 million litres of UCO in 2019.<br> |
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<br>"Because we are purchasing it, they have actually less utilized cooking oil to use on the things that they were formerly utilizing it for," stated Greg Archer with [Transport](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) & Environment.<br> |
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<br>"And they're just buying more virgin oil which virgin oil is mostly palm oil, since that's the least expensive oil readily available.<br> |
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<br>"So indirectly, we're just motivating more deforestation 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 need from Europe, the rate of UCO is typically greater than palm oil. The concern is that some unscrupulous traders are simply diluting deliveries of UCO with palm.<br> |
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<br>As oils of various types are blended 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 idea of fraud anywhere along the chain of supply is rejected by the European Waste-to-Advanced Biofuels Association (EWABA), who say there are robust certification plans in place.<br> |
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<br>"It is widely understood that the European Commission has taken appropriate actions to totally curb unsound market practices in [biofuel](https://www.abnnewswire.net/companies/en/31347/%E0%B8%9A%E0%B8%A3%E0%B8%B4%E0%B8%A9%E0%B8%B1%E0%B8%97-Mission-NewEnergy-%E0%B8%88%E0%B8%B3%E0%B8%81%E0%B8%B1%E0%B8%94.html/4) 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 make sure that trading, certification and sustainability information on all bio-liquids will have to be registered.<br> |
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<br>"The combination of revised certification plans and the pan-EU track and trace database will guarantee that no sustainability problems develop in the entire [biofuels](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) and [bio-liquids supply](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) chain," he told BBC News.<br> |
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<br>Others in the field are concerned that the database idea, which was very first mooted in 2018, may not work in stemming thought scams.<br> |
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<br>The report from Transport & Environment mentions that with shipping and aviation looking to decarbonise by utilizing biofuels, need for UCO could double over the next decade.<br> |
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<br>"Rising the need beyond sustainable supply levels would increase these concerns, and threats of [utilizing 'phony'](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) UCO, possibly leading 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 environment contract<br> |
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<br>Climate<br> |
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