Add Climate Change: Growing Doubts Over Chip Fat Biofuel

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 <br>Climate change: Growing doubts over chip fat [biofuel](https://www.crunchbase.com/organization/mission-newenergy)<br>
 <br>21 April 2021<br>
 <br>comments<br>
 <br>354 Comments<br>
 <br>New research concerns the environmental impact of rising imports of used [cooking oil](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) (UCO) into the UK and Europe.<br>
 <br>Chip fat and other oils are considered waste, so when they are utilized to make biodiesel it conserves carbon emissions by [displacing fossil](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) oil.<br>
 <br>But such is the demand throughout 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 chance to prove these imports are sustainable.<br>
 <br>Without any screening of what's can be found in, experts believe it is also ripe for fraud.<br>
 <br>Used cooking oil [imports](https://www.crunchbase.com/organization/mission-newenergy) might improve deforestation<br>
 <br>[Consumers posture](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/)  risk' to tropical forests<br>
 <br>[Reducing emissions](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) from transport is proving to be one of the [toughest obstacles](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) for federal governments all over the world.<br>
 <br>They have actually motivated making use of biofuels as an important ways of curbing carbon from automobiles and trucks.<br>
 <br>Biofuels are typically a mix of nonrenewable fuel source and oil made from plants or veggies.<br>
 <br>The [reality](https://www.zoominfo.com/c/mission-newenergy/346542889) that these crops can be re-grown and take in more CO2 implies they counteract the carbon emitted when utilized in engines.<br>
 <br>Soy and [palm oil](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) were when extensively utilized as parts of [biodiesel](https://www.crunchbase.com/organization/mission-newenergy) however this practice has actually been widely discredited since it encourages deforestation.<br>
 <br>So for the last decade or so, the usage of used cooking oil has expanded massively as an [alternative](https://pitchbook.com/profiles/company/51278-86) [feedstock](https://www.bloomberg.com/profile/company/MNELF:US) for fuel.<br>
 <br>Chip fat and other waste oils have ended up being an essential component of [biodiesel](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) with an efficient industry emerging across Europe to gather and [process](https://forest500.org/rankings/companies/mission-newenergy-limited) the product.<br>
 <br>But with the quantity 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) made from UCO increasing by around 40% every year since 2014, there merely isn't enough chip fat to go 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 highly troublesome when it concerns impacts on the [environment](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048).<br>
 <br>While UCO is thought about a waste material in the UK, in China, Indonesia and Malaysia it has actually long been utilized to [feed animals](https://www.investing.com/equities/mission-newenergy-ltd-company-profile). The report raises the concern of what individuals in these nations are changing the UCO with, when it is [exported](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048).<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 available but the flow of UCO is most likely to be similar.<br>
 <br>With a [population](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) of around 33 million, that's close to three litres per head of utilized oil that's gathered and exported to the UK and Ireland alone.<br>
 <br>By comparison, Thailand, which has a population of 70 million people, [managed](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) to gather around five million litres of UCO in 2019.<br>
 <br>"Because we are purchasing it, they have actually less utilized cooking oil to utilize on the important things that they were formerly utilizing it for," said Greg Archer with Transport & Environment.<br>
 <br>"And they're just buying more virgin oil and that virgin oil is mainly palm oil, since that's the most inexpensive oil offered.<br>
 <br>"So indirectly, we're simply encouraging more deforestation in Southeast Asia."<br>
 <br>Another significant issue with UCO is the suspicion of scams.<br>
 <br>Because of demand from Europe, the rate of UCO is often higher than palm oil. The worry is that some unscrupulous traders are just diluting deliveries of UCO with palm.<br>
 <br>As oils of various types are mixed in bulk for transportation, and no testing of the products is carried out, some specialists believe scams is rife.<br>
 <br>The tip of fraud anywhere along the chain of supply is turned down by the European Waste-to-Advanced Biofuels Association (EWABA), who state there are robust accreditation plans in location.<br>
 <br>"It is extensively understood that the European Commission has taken relevant steps to entirely curb unsound market practices in [biofuel](https://stocktwits.com/symbol/MNEL) markets," said Angel Alberdi, EWABA's secretary general.<br>
 <br>He says a brand-new database being developed by the EU will ensure that trading, accreditation and sustainability information on all bio-liquids will need to be signed up.<br>
 <br>"The combination of revised certification schemes and the pan-EU track and trace database will make sure that no sustainability concerns arise in the entire biofuels and bio-liquids supply chain," he told BBC News.<br>
 <br>Others in the field are worried that the database concept, which was very first mooted in 2018, may not be efficient in stemming suspected fraud.<br>
 <br>The report from Transport & Environment points out that with shipping and aviation aiming to decarbonise by utilizing biofuels, need for UCO could double over the next years.<br>
 <br>"Rising the need beyond sustainable supply levels would increase these issues, and risks of utilizing 'fake' UCO, potentially resulting in indirect effects such as deforestation."<br>
 <br>Follow Matt on Twitter @mattmcgrathbbc, external.<br>
 <br>Related topics<br>
 <br>COP26<br>
 <br>Paris environment agreement<br>
 <br>Climate<br>