commit a69232b8913577d6972b87cb364b2b36474aaf07 Author: iveysupple228 Date: Sat Jan 11 17:39:11 2025 +0000 Add Climate Change: Growing Doubts Over Chip Fat Biofuel diff --git a/Climate-Change%3A-Growing-Doubts-Over-Chip-Fat-Biofuel.md b/Climate-Change%3A-Growing-Doubts-Over-Chip-Fat-Biofuel.md new file mode 100644 index 0000000..62ab766 --- /dev/null +++ b/Climate-Change%3A-Growing-Doubts-Over-Chip-Fat-Biofuel.md @@ -0,0 +1,43 @@ +
Climate modification: Growing doubts over chip fat [biofuel](https://stocktwits.com/symbol/MNEL)
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21 April 2021
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comments
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354 Comments
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New research questions the environmental effect of rising imports of utilized cooking oil (UCO) into the UK and Europe.
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[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.
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But such is the demand across Europe that imports now account for more than half of the UCO that's made into fuel.
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According to the study, external, there's no other way to show these imports are sustainable.
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Without any testing of what's can be found in, specialists believe it is likewise ripe for fraud.
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Used cooking oil imports may [enhance](https://forest500.org/rankings/companies/mission-newenergy-limited) deforestation
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Consumers position 'growing risk' to tropical forests
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Reducing emissions from transport is showing to be one of the hardest difficulties for governments all over the world.
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They have actually encouraged the use of biofuels as an important means of suppressing carbon from cars and lorries.
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[Biofuels](https://forest500.org/rankings/companies/mission-newenergy-limited) are generally a blend of nonrenewable fuel source and oil made from plants or vegetables.
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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.
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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).
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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.
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[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.
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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.
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According to a report from the project group Transport & Environment, external, over half of the UCO utilized in Europe is imported.
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Their research study suggests this is extremely troublesome when it comes to impacts on the environment.
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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.
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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.
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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.
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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.
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"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.
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"And they're just purchasing more virgin oil which virgin oil is largely palm oil, because that's the most inexpensive oil offered.
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"So indirectly, we're simply motivating more logging in Southeast Asia."
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Another significant problem with UCO is the suspicion of scams.
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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.
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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.
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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.
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"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.
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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.
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"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.
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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.
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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.
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"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."
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Follow Matt on Twitter @mattmcgrathbbc, external.
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Related topics
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COP26
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Paris climate contract
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Climate
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