Add Climate Change: Growing Doubts Over Chip Fat Biofuel
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<br>Climate modification: [Growing doubts](https://www.businessnews.com.au/Company/Mission-NewEnergy) 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 concerns the environmental effect 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 considered waste, so when they are utilized to make [biodiesel](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) it conserves carbon emissions by displacing fossil oil.<br>
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<br>But such is the demand throughout Europe that imports now represent majority of the UCO that's made into fuel.<br>
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<br>According to the research study, external, there's no way to prove 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 fraud.<br>
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<br>Used cooking oil imports might boost logging<br>
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<br>Consumers present 'growing hazard' to tropical forests<br>
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<br>Reducing emissions from transport is showing to be among the hardest challenges for governments all over the world.<br>
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<br>They've motivated the usage of biofuels as an [essential methods](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) of curbing carbon from cars and trucks.<br>
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<br>Biofuels are typically a mix of nonrenewable fuel source and oil made from plants or [veggies](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048).<br>
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<br>The truth that these crops can be [re-grown](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) and take in more CO2 indicates they [counteract](https://www.businessnews.com.au/Company/Mission-NewEnergy) the carbon discharged when utilized in engines.<br>
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<br>Soy and palm oil were as soon as widely used as elements of [biodiesel](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) however this practice has been commonly challenged since it motivates logging.<br>
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<br>So for the last years approximately, using used cooking oil has broadened enormously as an alternative feedstock for fuel.<br>
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<br>[Chip fat](https://pitchbook.com/profiles/company/51278-86) and other waste oils have actually become a crucial part of [biodiesel](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) with an effective market springing up throughout Europe to gather and process the item.<br>
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<br>But with the amount of [biodiesel](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) made from UCO increasing by around 40% every year since 2014, there just isn't adequate chip fat to walk around.<br>
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<br>According to a report from the project group Transport & Environment, external, [majority](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) of the UCO used in Europe is [imported](https://www.bloomberg.com/profile/company/MNELF:US).<br>
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<br>Their study suggests this is highly problematic when it concerns influence on the environment.<br>
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<br>While UCO is considered a waste material in the UK, in China, Indonesia and Malaysia it has long been utilized to feed animals. The report raises the question of what people in these nations are replacing the UCO with, when it is [exported](https://www.investing.com/equities/mission-newenergy-ltd-company-profile).<br>
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<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 European countries aren't readily available but the circulation of UCO is likely to be comparable.<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 3 litres per head of used oil that's collected 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>
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<br>By contrast, Thailand, which has a population of 70 million people, handled to around five million litres of UCO in 2019.<br>
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<br>"Because we are purchasing it, they have less used cooking oil to use on the important things that they were formerly using it for," [stated Greg](https://www.crunchbase.com/organization/mission-newenergy) Archer with Transport & Environment.<br>
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<br>"And they're just purchasing more virgin oil and that virgin oil is largely palm oil, since that's the cheapest oil 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 scams.<br>
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<br>Because of demand from Europe, the cost of UCO is typically higher than palm oil. The worry is that some unscrupulous traders are merely diluting 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 fraud is swarming.<br>
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<br>The suggestion of fraud anywhere along the chain of supply is turned down by the European Waste-to-Advanced Biofuels Association (EWABA), who say there are robust certification schemes in location.<br>
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<br>"It is extensively known that the European Commission has actually taken pertinent steps to entirely suppress unsound market practices in [biofuel](https://stocktwits.com/symbol/MNEL) markets," said Angel Alberdi, EWABA's secretary general.<br>
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<br>He says a new database being developed by the EU will guarantee 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 accreditation plans and the pan-EU track and [trace database](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) will make sure that no sustainability problems occur in the entire [biofuels](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) and bio-liquids supply chain," he informed BBC News.<br>
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<br>Others in the field are concerned that the database idea, which was first mooted in 2018, might not be reliable in stemming thought fraud.<br>
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<br>The report from Transport & Environment mentions that with shipping and air travel wanting to decarbonise by utilizing biofuels, need for UCO might double over the next decade.<br>
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<br>"Rising the demand beyond sustainable supply levels would increase these issues, and dangers of utilizing 'fake' UCO, potentially 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 topics<br>
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<br>COP26<br>
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<br>Paris environment agreement<br>
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<br>Climate<br>
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