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Add Climate Change: Growing Doubts Over Chip Fat Biofuel

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<br>Climate change: Growing doubts over chip fat [biofuel](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd)<br>
<br>21 April 2021<br>
<br>remarks<br>
<br>354 Comments<br>
<br>New research concerns the ecological impact of increasing imports of used cooking oil (UCO) into the UK and Europe.<br>
<br>Chip fat and other oils are considered waste, so when they are used to make [biodiesel](https://www.zoominfo.com/c/mission-newenergy/346542889) it conserves carbon emissions by displacing fossil oil.<br>
<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>
<br>According to the research study, external, there's no chance to prove these [imports](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) are [sustainable](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html).<br>
<br>With no screening of what's being available in, [specialists](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) think it is likewise ripe for scams.<br>
<br>Used cooking oil imports might increase logging<br>
<br>[Consumers posture](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) 'growing risk' to tropical forests<br>
<br>[Reducing emissions](https://www.crunchbase.com/organization/mission-newenergy) from transport is proving to be among the hardest challenges for governments all over the world.<br>
<br>They have actually encouraged making use of biofuels as a crucial methods of suppressing carbon from vehicles and lorries.<br>
<br>Biofuels are generally a mix of nonrenewable fuel source and oil made from plants or vegetables.<br>
<br>The fact that these crops can be re-grown and absorb more CO2 means they cancel out the carbon discharged when utilized in engines.<br>
<br>Soy and palm oil were once [commonly](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) used as parts of biodiesel but this practice has been commonly rejected since it encourages logging.<br>
<br>So for the last years or so, using used [cooking oil](https://www.bloomberg.com/profile/company/MNELF:US) has broadened enormously as an alternative feedstock for fuel.<br>
<br>[Chip fat](https://forest500.org/rankings/companies/mission-newenergy-limited) and other waste oils have ended up being a crucial part of [biodiesel](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) with an [effective industry](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) springing up throughout Europe to gather and process the item.<br>
<br>But with the amount of biodiesel made from UCO increasing by around 40% every year given that 2014, there merely isn't sufficient chip fat to walk around.<br>
<br>According to a report from the campaign group Transport & Environment, external, majority of the UCO utilized in Europe is imported.<br>
<br>Their study recommends this is highly troublesome when it comes to influence on the environment.<br>
<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](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html). The report raises the concern of what individuals in these nations are [replacing](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) the UCO with, when it is exported.<br>
<br>In 2019, [Malaysia exported](https://pitchbook.com/profiles/company/51278-86) 90 million litres of UCO to the UK and Ireland. Figures for their exports to other 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.businessnews.com.au/Company/Mission-NewEnergy) to the UK and Ireland alone.<br>
<br>By contrast, Thailand, which has a population of 70 million individuals, managed to collect around five million litres of UCO in 2019.<br>
<br>"Because we are buying it, they have actually less used cooking oil to utilize on the important things that they were previously using it for," said Greg Archer with Transport & Environment.<br>
<br>"And they're simply purchasing more virgin oil which virgin oil is mainly palm oil, because that's the cheapest oil available.<br>
<br>"So indirectly, we're simply motivating more deforestation in Southeast Asia."<br>
<br>Another significant issue with UCO is the suspicion of scams.<br>
<br>Because of demand from Europe, the rate of UCO is frequently greater than palm oil. The worry is that some dishonest traders are just watering down deliveries of UCO with palm.<br>
<br>As oils of various types are blended in bulk for transportation, and no screening of the materials is brought out, some specialists believe scams is swarming.<br>
<br>The idea of scams 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>
<br>"It is commonly known that the European Commission has actually taken appropriate steps to totally 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>
<br>He states a new database being developed by the EU will ensure that trading, certification and sustainability information on all bio-liquids will have to be registered.<br>
<br>"The combination of revised accreditation plans and the [pan-EU track](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 trace database will guarantee that no sustainability issues emerge in the whole biofuels and bio-liquids supply chain," he told BBC News.<br>
<br>Others in the field are concerned that the database concept, which was first mooted in 2018, might not work in stemming suspected fraud.<br>
<br>The report from Transport & Environment explains that with shipping and air travel aiming to decarbonise by utilizing biofuels, demand for UCO might double over the next years.<br>
<br>"Rising the demand beyond [sustainable supply](https://www.bloomberg.com/profile/company/MNELF:US) levels would [increase](https://pitchbook.com/profiles/company/51278-86) these issues, and risks of [utilizing 'fake'](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) UCO, possibly resulting in indirect effects such as deforestation."<br>
<br>Follow Matt on Twitter @mattmcgrathbbc, external.<br>
<br>Related topics<br>
<br>COP26<br>
<br>Paris environment arrangement<br>
<br>Climate<br>