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<br>Climate modification: Growing doubts over chip fat [biofuel](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608)<br>
<br>21 April 2021<br>
<br>remarks<br>
<br>354 Comments<br>
<br>New research concerns the environmental effect of rising imports of [utilized](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) cooking oil (UCO) into the UK and Europe.<br>
<br>Chip fat and other oils are considered waste, so when they are utilized to make [biodiesel](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) it [conserves carbon](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) [emissions](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) by displacing fossil oil.<br>
<br>But such is the need throughout Europe that imports now represent over half of the UCO that's made into fuel.<br>
<br>According to the research study, external, there's no chance to show these imports are sustainable.<br>
<br>With no screening of what's being available in, professionals think it is also ripe for scams.<br>
<br>Used cooking oil imports may increase logging<br>
<br>Consumers posture 'growing hazard' to tropical forests<br>
<br>[Reducing emissions](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) from transportation is [proving](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) to be one of the toughest obstacles for federal governments all over the world.<br>
<br>They have actually motivated making use of biofuels as an [essential](https://forest500.org/rankings/companies/mission-newenergy-limited) means of curbing carbon from cars and trucks.<br>
<br>Biofuels are usually 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 take in more CO2 [suggests](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) they cancel out the carbon produced when utilized in engines.<br>
<br>Soy and palm oil were once commonly utilized as elements of [biodiesel](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) however this practice has actually been commonly challenged due to the fact that it encourages deforestation.<br>
<br>So for the last decade approximately, the usage of utilized cooking oil has broadened massively as an alternative feedstock 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 ended up being an essential component of [biodiesel](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) with a [reliable industry](https://stocktwits.com/symbol/MNEL) springing up across Europe to collect and [process](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) the product.<br>
<br>But with the amount of [biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) made from UCO increasing by around 40% every year since 2014, there simply isn't adequate chip fat to go around.<br>
<br>According to a report from the campaign group Transport & Environment, external, more than half of the UCO utilized in Europe is imported.<br>
<br>Their study recommends this is highly problematic when it concerns effect 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 utilized to feed animals. The report raises the [concern](https://stocktwits.com/symbol/MNEL) of what people in these nations are changing the UCO with, when it is exported.<br>
<br>In 2019, Malaysia exported 90 million litres of UCO to the UK and Ireland. Figures for their exports to other European nations aren't readily available however the [circulation](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) of UCO is most likely to be comparable.<br>
<br>With a population of around 33 million, that's close to three litres per head of used oil that's collected and exported to the UK and Ireland alone.<br>
<br>By comparison, Thailand, which has a population of 70 million people, handled to [collect](https://www.bloomberg.com/profile/company/MNELF:US) 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 things that they were previously using it for," [stated Greg](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) Archer with Transport & Environment.<br>
<br>"And they're simply buying more virgin oil which virgin oil is mainly palm oil, because that's the least expensive oil available.<br>
<br>"So indirectly, we're just more deforestation in Southeast Asia."<br>
<br>Another major problem with UCO is the suspicion of scams.<br>
<br>Because of need from Europe, the rate of UCO is typically higher than palm oil. The concern is that some unscrupulous traders are merely diluting deliveries of UCO with palm.<br>
<br>As oils of various types are mixed in bulk for transportation, and no testing of the materials is carried out, some specialists believe fraud is rife.<br>
<br>The recommendation 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 plans in location.<br>
<br>"It is extensively understood that the European Commission has taken pertinent actions to totally suppress unsound market practices in [biofuel](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) markets," stated Angel Alberdi, EWABA's secretary general.<br>
<br>He says a new database being established by the EU will guarantee that trading, accreditation and sustainability information on all bio-liquids will need to be signed up.<br>
<br>"The mix of modified certification schemes and the pan-EU track and trace [database](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) will guarantee that no sustainability problems 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 idea, which was very first mooted in 2018, might not be effective in stemming thought fraud.<br>
<br>The report from Transport & Environment explains that with shipping and aviation aiming to decarbonise by utilizing biofuels, need for UCO could double over the next years.<br>
<br>"Rising the demand beyond sustainable supply levels would increase these concerns, and threats of utilizing 'phony' UCO, potentially leading to indirect impacts such as logging."<br>
<br>Follow Matt on Twitter @mattmcgrathbbc, external.<br>
<br>Related subjects<br>
<br>COP26<br>
<br>Paris environment contract<br>
<br>Climate<br>