Add Climate Change: Growing Doubts Over Chip Fat Biofuel
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<br>Climate change: Growing doubts over chip fat [biofuel](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm)<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 concerns the ecological effect of increasing imports of utilized 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://www.zoominfo.com/c/mission-newenergy/346542889) it saves carbon emissions by displacing fossil oil.<br>
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<br>But such is the need across 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 being available in, professionals think it is likewise ripe for scams.<br>
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<br>Used cooking oil imports might improve logging<br>
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<br>Consumers posture 'growing risk' to tropical forests<br>
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<br>Reducing emissions from transportation is showing to be among the toughest difficulties for governments all over the world.<br>
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<br>They have actually encouraged using biofuels as a crucial ways of curbing carbon from [vehicles](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) and trucks.<br>
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<br>Biofuels are normally a mix of fossil fuel and oil made from plants or [veggies](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html).<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 when utilized in engines.<br>
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<br>Soy and palm oil were once widely utilized as components of [biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) but this practice has actually been [extensively challenged](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) because it [motivates logging](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html).<br>
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<br>So for the last decade approximately, the usage of utilized cooking oil has broadened enormously as an [alternative](https://stocktwits.com/symbol/MNEL) [feedstock](https://www.google.com/search?kgmid=/m/0cqd_rb) for fuel.<br>
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<br>Chip fat and other waste oils have ended up being a key component of biodiesel with an efficient market emerging throughout Europe to and process the item.<br>
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<br>But with the [quantity](https://stocktwits.com/symbol/MNEL) 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 merely isn't [adequate](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) chip fat to go around.<br>
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<br>According to a report from the campaign group Transport & Environment, external, more than half of the UCO utilized in Europe is imported.<br>
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<br>Their study suggests this is extremely problematic when it comes to influence on the environment.<br>
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<br>While UCO is considered 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 of what individuals in these [countries](https://www.bloomberg.com/profile/company/MNELF:US) are changing the UCO with, when it is [exported](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/).<br>
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<br>In 2019, [Malaysia exported](https://www.google.com/search?kgmid=/m/0cqd_rb) 90 million litres of UCO to the UK and Ireland. Figures for their exports to other European countries aren't offered however the flow of UCO is 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 individuals, [handled](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 actually less utilized cooking oil to use on the things that they were previously using it for," stated Greg Archer with Transport & 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 [logging](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) in Southeast Asia."<br>
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<br>Another major issue with UCO is the suspicion of scams.<br>
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<br>Because of demand from Europe, the price of UCO is typically greater than palm oil. The worry is that some deceitful traders are just watering down shipments of UCO with palm.<br>
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<br>As oils of different types are mixed in bulk for transportation, and no screening of the products is performed, some experts believe scams is rife.<br>
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<br>The recommendation of fraud anywhere along the chain of supply is declined 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 known that the [European Commission](https://stocktwits.com/symbol/MNEL) has taken relevant actions to entirely suppress unsound market practices in [biofuel](https://stocktwits.com/symbol/MNEL) 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 ensure that trading, accreditation and sustainability data on all bio-liquids will need to be registered.<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 occur in the whole biofuels and [bio-liquids supply](https://www.bloomberg.com/profile/company/MNELF:US) chain," he informed BBC News.<br>
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<br>Others in the field are worried that the database concept, which was first mooted in 2018, might not work in stemming thought scams.<br>
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<br>The report from Transport & Environment explains that with shipping and air travel aiming 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.bloomberg.com/profile/company/MNELF:US) levels would increase these issues, and dangers of using 'fake' UCO, possibly causing indirect impacts 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 climate agreement<br>
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<br>Climate<br>
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