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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 concerns the ecological impact 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](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) to make [biodiesel](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) it saves carbon [emissions](https://www.pinterest.com.au/missionnewenergy/) by [displacing fossil](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) oil.<br> |
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<br>But such is the need across Europe that imports now account for majority of the UCO that's made into fuel.<br> |
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<br>According to the research study, external, there's no method to prove these [imports](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) are sustainable.<br> |
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<br>With no testing of what's can be found in, professionals believe it is likewise ripe for fraud.<br> |
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<br>Used cooking oil imports may increase deforestation<br> |
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<br>Consumers position 'growing danger' to [tropical](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) forests<br> |
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<br>Reducing emissions from transportation is proving to be one of the toughest obstacles for federal governments all over the world.<br> |
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<br>They've encouraged making use of biofuels as an important means of suppressing carbon from cars and lorries.<br> |
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<br>Biofuels are generally a blend of nonrenewable fuel source and oil made from plants or veggies.<br> |
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<br>The reality that these crops can be re-grown and absorb more CO2 means they cancel out the carbon produced when used in engines.<br> |
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<br>Soy and palm oil were when extensively used as elements of biodiesel but this practice has actually been widely discredited because it encourages logging.<br> |
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<br>So for the last years or so, the use of used [cooking](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) oil has actually expanded enormously as an alternative feedstock for fuel.<br> |
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<br> and other waste oils have actually become a crucial element of [biodiesel](https://www.zoominfo.com/c/mission-newenergy/346542889) with an effective market emerging across Europe to gather and process the product.<br> |
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<br>But with the quantity of [biodiesel](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) made from UCO increasing by around 40% every year given that 2014, there simply isn't adequate chip fat to go around.<br> |
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<br>According to a report from the campaign group [Transport](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) & Environment, external, over half of the UCO utilized in Europe is imported.<br> |
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<br>Their research study suggests this is extremely troublesome when it [concerns](https://www.zoominfo.com/c/mission-newenergy/346542889) effects 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 concern of what individuals in these countries are replacing the UCO with, when it is exported.<br> |
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<br>In 2019, [Malaysia exported](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) 90 million litres of UCO to the UK and Ireland. Figures for their exports to other European nations aren't available however the [circulation](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) of UCO is most likely to be similar.<br> |
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<br>With a population of around 33 million, that's close to 3 litres per head of [utilized oil](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) that's gathered and exported to the UK and Ireland alone.<br> |
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<br>By comparison, Thailand, which has a population of 70 million people, managed 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 used cooking oil to utilize on the important things that they were formerly utilizing it for," stated Greg Archer with [Transport](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) & Environment.<br> |
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<br>"And they're just purchasing more virgin oil and that virgin oil is largely palm oil, because that's the most inexpensive oil available.<br> |
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<br>"So indirectly, we're just [encouraging](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) more logging in Southeast Asia."<br> |
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<br>Another significant issue with UCO is the suspicion of fraud.<br> |
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<br>Because of need from Europe, the price of UCO is often greater than palm oil. The concern is that some unscrupulous traders are just diluting shipments of UCO with palm.<br> |
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<br>As oils of various types are blended in bulk for transportation, and no testing of the materials is carried out, some professionals think scams is swarming.<br> |
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<br>The idea of scams anywhere along the chain of supply is turned down by the European Waste-to-Advanced Biofuels Association (EWABA), who state there are robust accreditation schemes in location.<br> |
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<br>"It is widely understood that the European Commission has taken pertinent actions to entirely suppress unsound market practices in [biofuel](https://www.google.com/search?kgmid=/m/0cqd_rb) 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 information on all bio-liquids will have to be signed up.<br> |
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<br>"The mix of revised certification plans and the pan-EU track and trace [database](https://www.businessnews.com.au/Company/Mission-NewEnergy) will ensure that no sustainability problems occur in the whole biofuels and [bio-liquids supply](https://forest500.org/rankings/companies/mission-newenergy-limited) 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, may not be reliable in stemming believed scams.<br> |
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<br>The report from Transport & Environment explains that with shipping and aviation seeking to decarbonise by utilizing biofuels, demand for UCO might double over the next decade.<br> |
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<br>"Rising the demand beyond sustainable supply levels would increase these concerns, and [dangers](https://www.bloomberg.com/profile/company/MNELF:US) of using 'phony' UCO, potentially resulting in indirect effects 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 environment arrangement<br> |
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<br>Climate<br> |
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