Add Climate Change: Growing Doubts Over Chip Fat Biofuel

Climate-Change%3A-Growing-Doubts-Over-Chip-Fat-Biofuel.md

@@ -0,0 +1,43 @@
+<br>Climate change: Growing doubts over chip fat [biofuel](https://www.pinterest.com.au/missionnewenergy/)<br>
+<br>21 April 2021<br>
+<br>comments<br>
+<br>354 Comments<br>
+<br>New research questions the ecological effect of rising imports of utilized cooking oil (UCO) into the UK and Europe.<br>
+<br>Chip fat and other oils are considered waste, so when they are used to make [biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) it [conserves carbon](https://stocktwits.com/symbol/MNEL) [emissions](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) by displacing fossil oil.<br>
+<br>But such is the demand throughout Europe that imports now account for over half of the UCO that's made into fuel.<br>
+<br>According to the study, external, there's no way to prove these imports are sustainable.<br>
+<br>Without any testing of what's coming in, specialists think it is likewise ripe for fraud.<br>
+<br>Used cooking oil imports might boost deforestation<br>
+<br>Consumers pose  risk' to tropical forests<br>
+<br>Reducing emissions from transportation is showing to be among the hardest challenges for federal governments all over the world.<br>
+<br>They have actually encouraged making use of biofuels as an essential means of suppressing carbon from cars and trucks and trucks.<br>
+<br>Biofuels are typically a blend of [fossil fuel](https://www.bloomberg.com/profile/company/MNELF:US) and oil made from plants or veggies.<br>
+<br>The [reality](https://www.google.com/search?kgmid=/m/0cqd_rb) that these crops can be re-grown and soak up more CO2 suggests they cancel out the carbon discharged when [utilized](https://stocktwits.com/symbol/MNEL) in engines.<br>
+<br>Soy and palm oil were once commonly used as parts of [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) however this practice has been widely challenged since it [encourages logging](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/).<br>
+<br>So for the last years approximately, the usage of utilized cooking oil has [broadened enormously](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) as an [alternative feedstock](https://www.crunchbase.com/organization/mission-newenergy) for fuel.<br>
+<br>Chip fat and other waste oils have become a crucial element of [biodiesel](https://www.pinterest.com.au/missionnewenergy/) with a reliable market emerging throughout Europe to gather and process the product.<br>
+<br>But with the amount of [biodiesel](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) made from UCO increasing by around 40% every year because 2014, there just isn't adequate chip fat to go around.<br>
+<br>According to a report from the campaign group Transport & Environment, external, over half of the UCO used in Europe is [imported](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm).<br>
+<br>Their study recommends this is [highly troublesome](https://www.crunchbase.com/organization/mission-newenergy) when it pertains to effect on the [environment](https://www.crunchbase.com/organization/mission-newenergy).<br>
+<br>While UCO is considered a waste material in the UK, in China, Indonesia and Malaysia it has actually long been used to feed animals. The report raises the concern of what individuals in these nations are changing the UCO with, when it is exported.<br>
+<br>In 2019, [Malaysia exported](https://stocktwits.com/symbol/MNEL) 90 million litres of UCO to the UK and Ireland. Figures for their exports to other European nations aren't available but the circulation of UCO is most likely to be comparable.<br>
+<br>With a population of around 33 million, that's close to 3 litres per head of utilized oil that's [collected](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) and exported to the UK and Ireland alone.<br>
+<br>By comparison, Thailand, which has a population of 70 million people, handled to gather around five million litres of UCO in 2019.<br>
+<br>"Because we are purchasing it, they have actually less used cooking oil to use on the important things that they were previously utilizing it for," stated Greg Archer with Transport & Environment.<br>
+<br>"And they're simply purchasing more virgin oil which virgin oil is mainly palm oil, since that's the most inexpensive oil readily available.<br>
+<br>"So indirectly, we're simply motivating more deforestation in Southeast Asia."<br>
+<br>Another major issue with UCO is the suspicion of scams.<br>
+<br>Because of need from Europe, the cost of UCO is often higher than palm oil. The concern is that some unscrupulous traders are simply 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 performed, some specialists believe fraud is swarming.<br>
+<br>The tip of fraud anywhere along the chain of supply is rejected by the European Waste-to-Advanced Biofuels Association (EWABA), who say there are robust certification plans in place.<br>
+<br>"It is widely known that the [European](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) Commission has actually taken appropriate actions to entirely curb unsound market practices in [biofuel](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) markets," said Angel Alberdi, EWABA's secretary general.<br>
+<br>He says a new database being developed by the EU will ensure that trading, certification and sustainability data on all bio-liquids will have to be registered.<br>
+<br>"The combination of modified certification schemes and the pan-EU track and trace database will make sure that no sustainability problems develop in the entire biofuels and [bio-liquids supply](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) chain," he told BBC News.<br>
+<br>Others in the field are concerned that the database concept, which was first mooted in 2018, may not be reliable in stemming believed fraud.<br>
+<br>The report from Transport & Environment points out that with shipping and air travel looking 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 issues, and dangers of using 'fake' UCO, potentially resulting in indirect impacts such as deforestation."<br>
+<br>Follow Matt on Twitter @mattmcgrathbbc, external.<br>
+<br>Related topics<br>
+<br>COP26<br>
+<br>Paris environment contract<br>
+<br>Climate<br>