Add Climate Change: Growing Doubts Over Chip Fat Biofuel

Climate-Change%3A-Growing-Doubts-Over-Chip-Fat-Biofuel.md

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+<br>Climate modification: Growing doubts over chip fat [biofuel](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608)<br>
+<br>21 April 2021<br>
+<br>remarks<br>
+<br>354 Comments<br>
+<br>New research [study concerns](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) the environmental effect of rising imports of used cooking oil (UCO) into the UK and Europe.<br>
+<br>[Chip fat](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) and other oils are considered waste, so when they are used to make [biodiesel](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) it [saves carbon](https://www.pinterest.com.au/missionnewenergy/) emissions by displacing fossil oil.<br>
+<br>But such is the need throughout Europe that [imports](https://www.google.com/search?kgmid=/m/0cqd_rb) now  for more than half of the UCO that's made into fuel.<br>
+<br>According to the study, external, there's no other way to show these imports are sustainable.<br>
+<br>With no testing of what's coming in, professionals believe it is likewise ripe for fraud.<br>
+<br>Used cooking oil imports might [enhance](https://www.google.com/search?kgmid=/m/0cqd_rb) logging<br>
+<br>Consumers present 'growing hazard' to tropical forests<br>
+<br>Reducing emissions from transportation is proving to be among the hardest challenges for governments all over the world.<br>
+<br>They have actually motivated making use of biofuels as an essential means of curbing carbon from cars and lorries.<br>
+<br>[Biofuels](https://www.pinterest.com.au/missionnewenergy/) are generally a blend of [nonrenewable fuel](https://pitchbook.com/profiles/company/51278-86) source and oil made from plants or vegetables.<br>
+<br>The reality that these crops can be re-grown and take in more CO2 means they cancel out the carbon emitted when used in engines.<br>
+<br>Soy and palm oil were once commonly used 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 discredited since it motivates logging.<br>
+<br>So for the last decade approximately, making use of used cooking oil has actually broadened enormously as an alternative feedstock for fuel.<br>
+<br>Chip fat and other waste oils have ended up being an essential part of [biodiesel](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) with a reliable market emerging across Europe to collect and process the product.<br>
+<br>But with the quantity of biodiesel made from UCO increasing by around 40% every year because 2014, there just isn't sufficient chip fat to go around.<br>
+<br>According to a report from the project group [Transport](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) & Environment, external, majority of the UCO used in Europe is [imported](https://forest500.org/rankings/companies/mission-newenergy-limited).<br>
+<br>Their study suggests this is highly bothersome when it pertains to effects 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 [countries](https://forest500.org/rankings/companies/mission-newenergy-limited) are [replacing](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) the UCO with, when it is exported.<br>
+<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.energy-xprt.com/companies/mission-newenergy-limited-36048) aren't available but the circulation of UCO is most likely to be comparable.<br>
+<br>With a population of around 33 million, that's close to 3 litres per head of used oil that's gathered and [exported](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) to the UK and Ireland alone.<br>
+<br>By comparison, Thailand, which has a population of 70 million individuals, handled to collect around 5 million litres of UCO in 2019.<br>
+<br>"Because we are purchasing it, they have actually less utilized cooking oil to use on the important things that they were formerly using it for," said Greg Archer with Transport & Environment.<br>
+<br>"And they're just purchasing more virgin oil and that virgin oil is mainly palm oil, because that's the cheapest oil readily available.<br>
+<br>"So indirectly, we're just motivating more deforestation in [Southeast Asia](https://www.pinterest.com.au/missionnewenergy/)."<br>
+<br>Another major problem with UCO is the suspicion of fraud.<br>
+<br>Because of demand from Europe, the price of UCO is frequently higher than palm oil. The worry is that some unscrupulous traders are merely diluting deliveries of UCO with palm.<br>
+<br>As oils of various types are mixed in bulk for transportation, and no screening of the products is carried out, some professionals believe scams is swarming.<br>
+<br>The idea of fraud anywhere along the chain of supply is declined by the European Waste-to-Advanced Biofuels Association (EWABA), who state there are robust accreditation plans in place.<br>
+<br>"It is extensively known that the European Commission has actually taken [pertinent](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) [actions](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) to completely suppress unsound market practices in [biofuel](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) markets," stated Angel Alberdi, EWABA's secretary general.<br>
+<br>He states a new database being established by the EU will guarantee that trading, accreditation and sustainability data on all bio-liquids will have to be registered.<br>
+<br>"The combination of modified certification plans and the pan-EU track and trace database will ensure that no sustainability issues develop in the entire biofuels and bio-liquids supply chain," he told BBC News.<br>
+<br>Others in the field are concerned that the database idea, which was first mooted in 2018, might not be reliable in stemming presumed fraud.<br>
+<br>The report from Transport & Environment points out that with shipping and air travel looking to decarbonise by utilizing biofuels, demand for UCO could double over the next years.<br>
+<br>"Rising the need beyond sustainable supply levels would increase these concerns, and dangers of utilizing 'phony' UCO, potentially resulting in indirect impacts such as logging."<br>
+<br>Follow Matt on Twitter @mattmcgrathbbc, external.<br>
+<br>Related topics<br>
+<br>COP26<br>
+<br>Paris climate arrangement<br>
+<br>Climate<br>