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<br>Climate change: 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 concerns the environmental effect of rising imports of used 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.crunchbase.com/organization/mission-newenergy) it saves carbon emissions by [displacing fossil](https://www.google.com/search?kgmid=/m/0cqd_rb) oil.<br>
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<br>But such is the need throughout Europe that imports now represent over half of the UCO that's made into fuel.<br>
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<br>According to the study, external, there's no way to show these imports are sustainable.<br>
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<br>With no screening of what's coming in, professionals believe it is likewise ripe for scams.<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 to be among the toughest challenges for federal governments all over the world.<br>
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<br>They've encouraged the usage of biofuels as a crucial means of suppressing carbon from vehicles and trucks.<br>
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<br>Biofuels are normally a mix of fossil fuel and oil made from plants or veggies.<br>
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<br>The reality that these crops can be [re-grown](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) and absorb more CO2 indicates they counteract 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.zoominfo.com/c/mission-newenergy/346542889) however this practice has actually been extensively rejected because it motivates deforestation.<br>
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<br>So for the last years approximately, using utilized [cooking oil](https://www.zoominfo.com/c/mission-newenergy/346542889) has actually broadened massively as an alternative feedstock for fuel.<br>
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<br>[Chip fat](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) and other waste oils have actually ended up being an essential component of [biodiesel](https://www.crunchbase.com/organization/mission-newenergy) with an efficient market [springing](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) up across Europe to gather and process the product.<br>
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<br>But with the quantity of [biodiesel](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) made from UCO increasing by around 40% every year considering that 2014, there just isn't sufficient chip fat to go around.<br>
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<br>According to a report from the [project](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) group Transport & Environment, external, over half of the UCO used in Europe is imported.<br>
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<br>Their study recommends this is extremely problematic when it [pertains](https://www.zoominfo.com/c/mission-newenergy/346542889) to influence on the [environment](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/).<br>
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<br>While UCO is thought about a waste material in the UK, in China, Indonesia and Malaysia it has actually long been utilized to feed animals. The report raises the question of what people in these nations are changing 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](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) for their exports to other European nations aren't [offered](https://www.google.com/search?kgmid=/m/0cqd_rb) but the flow of UCO is likely to be similar.<br>
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<br>With a [population](https://www.zoominfo.com/c/mission-newenergy/346542889) of around 33 million, that's close to three litres per head of used oil that's gathered and [exported](https://www.bloomberg.com/profile/company/MNELF:US) to the UK and Ireland alone.<br>
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<br>By comparison, Thailand, which has a population of 70 million individuals, [handled](https://pitchbook.com/profiles/company/51278-86) 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 important things that they were previously utilizing it for," said Greg Archer with Transport & [Environment](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm).<br>
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<br>"And they're simply purchasing more virgin oil and that virgin oil is mainly palm oil, since that's the cheapest oil offered.<br>
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<br>"So indirectly, we're just encouraging more deforestation in Southeast Asia."<br>
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<br>Another major problem 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 dishonest traders are just watering down shipments of UCO with palm.<br>
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<br>As oils of various types are mixed in bulk for transportation, and no screening of the products is brought out, some professionals believe 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 state there are robust accreditation plans in place.<br>
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<br>"It is extensively understood that the European Commission has taken relevant steps to completely curb unsound market practices in [biofuel](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) markets," said Angel Alberdi, EWABA's secretary general.<br>
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<br>He states a brand-new database being developed by the EU will make sure that trading, certification and sustainability data on all bio-liquids will have to be registered.<br>
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<br>"The mix of revised certification schemes and the pan-EU track and trace database will make sure that no sustainability problems develop in the entire biofuels and bio-liquids supply chain," he informed BBC News.<br>
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<br>Others in the field are concerned that the database concept, which was very first mooted in 2018, may not be effective in stemming suspected scams.<br>
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<br>The report from Transport & Environment points out that with shipping and aviation seeking to decarbonise by utilizing biofuels, need for UCO might double over the next years.<br>
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<br>"Rising the need beyond sustainable supply levels would increase these issues, and threats of using 'fake' UCO, possibly [leading](https://www.bloomberg.com/profile/company/MNELF:US) to indirect effects such as logging."<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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