Add Climate Change: Growing Doubts Over Chip Fat Biofuel

Mike Rickert 2025-01-11 17:39:11 +00:00
commit a69232b891

@ -0,0 +1,43 @@
<br>Climate modification: Growing doubts over chip fat [biofuel](https://stocktwits.com/symbol/MNEL)<br>
<br>21 April 2021<br>
<br>comments<br>
<br>354 Comments<br>
<br>New research questions the environmental effect of rising imports of utilized cooking oil (UCO) into the UK and Europe.<br>
<br>[Chip fat](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) 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](https://www.crunchbase.com/organization/mission-newenergy) emissions by displacing fossil oil.<br>
<br>But such is the demand across Europe that imports now account for more than half of the UCO that's made into fuel.<br>
<br>According to the study, external, there's no other way to show these imports are sustainable.<br>
<br>Without any testing of what's can be found in, specialists believe it is likewise ripe for fraud.<br>
<br>Used cooking oil imports may [enhance](https://forest500.org/rankings/companies/mission-newenergy-limited) deforestation<br>
<br>Consumers position 'growing risk' to tropical forests<br>
<br>Reducing emissions from transport is showing to be one of the hardest difficulties for governments all over the world.<br>
<br>They have actually encouraged the use of biofuels as an important means of suppressing carbon from cars and lorries.<br>
<br>[Biofuels](https://forest500.org/rankings/companies/mission-newenergy-limited) are generally a blend 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 indicates they counteract the [carbon emitted](https://forest500.org/rankings/companies/mission-newenergy-limited) when used in engines.<br>
<br>Soy and [palm oil](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) were when commonly utilized as elements of [biodiesel](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) however this [practice](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) has been widely rejected due to the fact that it [encourages logging](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608).<br>
<br>So for the last years or so, making use of used cooking oil has expanded massively as an [alternative feedstock](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) for fuel.<br>
<br>[Chip fat](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) and other waste oils have actually become a key part of [biodiesel](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) with an effective market springing up throughout Europe to collect and [process](https://pitchbook.com/profiles/company/51278-86) the item.<br>
<br>But with the of [biodiesel](https://www.businessnews.com.au/Company/Mission-NewEnergy) made from UCO increasing by around 40% every year since 2014, there just isn't enough [chip fat](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) to walk around.<br>
<br>According to a report from the project group Transport & Environment, external, over half of the UCO utilized in Europe is imported.<br>
<br>Their research study suggests this is extremely troublesome when it comes to impacts on the environment.<br>
<br>While UCO is considered a waste material in the UK, in China, Indonesia and Malaysia it has actually long been utilized to feed animals. The report raises the [concern](https://www.crunchbase.com/organization/mission-newenergy) of what people in these countries are replacing the UCO with, when it is exported.<br>
<br>In 2019, Malaysia exported 90 million litres of UCO to the UK and [Ireland](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/). Figures for their exports to other European nations aren't available but the flow of UCO is likely to be similar.<br>
<br>With a population of around 33 million, that's close to 3 litres per head of utilized oil that's collected and exported to the UK and Ireland alone.<br>
<br>By contrast, Thailand, which has a population of 70 million people, [managed](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) to gather around 5 million litres of UCO in 2019.<br>
<br>"Because we are buying it, they have less utilized cooking oil to use on the things that they were previously using it for," stated Greg Archer with Transport & Environment.<br>
<br>"And they're just purchasing more virgin oil which virgin oil is largely palm oil, because that's the most inexpensive oil offered.<br>
<br>"So indirectly, we're simply motivating more logging in Southeast Asia."<br>
<br>Another significant problem with UCO is the suspicion of scams.<br>
<br>Because of need from Europe, the rate of UCO is frequently greater than palm oil. The worry is that some deceitful traders are just diluting shipments of UCO with palm.<br>
<br>As oils of various types are blended in bulk for transportation, and no screening of the materials is performed, some experts believe scams is swarming.<br>
<br>The recommendation of scams anywhere along the chain of supply is declined by the European Waste-to-Advanced Biofuels Association (EWABA), who state there are robust accreditation plans in place.<br>
<br>"It is widely understood that the European Commission has actually taken relevant steps to entirely curb unsound market practices in [biofuel](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) markets," said Angel Alberdi, EWABA's secretary general.<br>
<br>He says a new database being established by the EU will ensure that trading, accreditation and sustainability information on all bio-liquids will have to be registered.<br>
<br>"The mix of revised certification schemes and the pan-EU track and trace database will ensure that no sustainability concerns emerge in the entire biofuels and bio-liquids supply chain," he told BBC News.<br>
<br>Others in the field are concerned that the database concept, which was very first mooted in 2018, may not be efficient in stemming suspected scams.<br>
<br>The report from Transport & Environment explains that with shipping and air travel wanting to decarbonise by utilizing biofuels, demand for UCO could double over the next decade.<br>
<br>"Rising the demand beyond sustainable supply levels would increase these concerns, and risks of using 'fake' UCO, possibly leading to indirect effects such as logging."<br>
<br>Follow Matt on Twitter @mattmcgrathbbc, external.<br>
<br>Related topics<br>
<br>COP26<br>
<br>Paris climate contract<br>
<br>Climate<br>