Add Climate Change: Growing Doubts Over Chip Fat Biofuel
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Climate-Change%3A-Growing-Doubts-Over-Chip-Fat-Biofuel.md
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<br>Climate change: Growing doubts over chip fat [biofuel](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm)<br>
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<br>21 April 2021<br>
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<br>comments<br>
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<br>354 Comments<br>
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<br>New research questions the ecological effect of rising imports of used cooking oil (UCO) into the UK and Europe.<br>
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<br>Chip fat and other oils are considered waste, so when they are used to make biodiesel it conserves carbon emissions by displacing fossil oil.<br>
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<br>But such is the demand throughout Europe that imports now account for over half of the UCO that's made into fuel.<br>
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<br>According to the study, external, there's no other way to show these imports are sustainable.<br>
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<br>With no screening of what's can be found in, [professionals](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) think it is likewise ripe for scams.<br>
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<br>Used cooking oil imports might increase deforestation<br>
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<br>Consumers position 'growing danger' to tropical forests<br>
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<br>Reducing emissions from transportation is showing to be among the hardest challenges for [federal](https://forest500.org/rankings/companies/mission-newenergy-limited) governments all over the world.<br>
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<br>They have actually motivated using biofuels as an important methods of [suppressing carbon](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) from cars and lorries.<br>
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<br>Biofuels are generally a blend of source and oil made from plants or veggies.<br>
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<br>The truth that these crops can be re-grown and take in more CO2 suggests they counteract the carbon emitted when utilized in [engines](https://pitchbook.com/profiles/company/51278-86).<br>
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<br>Soy and palm oil were once extensively used as components of [biodiesel](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) however this practice has been commonly challenged due to the fact that it encourages deforestation.<br>
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<br>So for the last decade or so, using used cooking oil has actually broadened enormously as an [alternative feedstock](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) for fuel.<br>
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<br>Chip fat and other waste oils have become an essential component of [biodiesel](https://www.crunchbase.com/organization/mission-newenergy) with a reliable market emerging throughout Europe to gather and process the product.<br>
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<br>But with the amount of [biodiesel](https://www.crunchbase.com/organization/mission-newenergy) made from UCO increasing by around 40% every year since 2014, there simply isn't enough chip fat to walk around.<br>
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<br>According to a report from the [project](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) group Transport & Environment, external, majority of the UCO used in Europe is imported.<br>
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<br>Their research study suggests this is highly problematic when it comes to effect on the environment.<br>
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<br>While UCO is thought about a waste material in the UK, in China, Indonesia and [Malaysia](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) it has actually long been utilized to feed animals. The report raises the concern of what people in these countries are [replacing](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) the UCO with, when it is exported.<br>
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<br>In 2019, [Malaysia exported](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) 90 million litres of UCO to the UK and Ireland. Figures for their [exports](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) to other European nations aren't readily available however the [circulation](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) of UCO is likely to be comparable.<br>
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<br>With a population of around 33 million, that's close to 3 litres per head of utilized oil that's gathered and exported to the UK and Ireland alone.<br>
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<br>By contrast, Thailand, which has a [population](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) of 70 million people, handled to gather around 5 million litres of UCO in 2019.<br>
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<br>"Because we are purchasing it, they have less utilized cooking oil to use on the important things that they were formerly utilizing it for," said [Greg Archer](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) with Transport & Environment.<br>
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<br>"And they're simply purchasing more virgin oil and that virgin oil is mostly palm oil, since that's the least expensive oil offered.<br>
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<br>"So indirectly, we're just motivating more [logging](https://www.google.com/search?kgmid=/m/0cqd_rb) in Southeast Asia."<br>
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<br>Another significant problem with UCO is the suspicion of scams.<br>
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<br>Because of need from Europe, the price of UCO is often higher than palm oil. The concern is that some unethical traders are simply diluting deliveries of UCO with palm.<br>
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<br>As oils of different types are blended in bulk for transportation, and no screening of the products is brought out, some specialists think fraud is swarming.<br>
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<br>The suggestion 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 place.<br>
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<br>"It is commonly understood that the European Commission has actually taken relevant steps to totally suppress unsound market practices in [biofuel](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) markets," said Angel Alberdi, EWABA's secretary general.<br>
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<br>He states a brand-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>
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<br>"The mix of revised certification plans and the pan-EU track and trace database will guarantee that no sustainability issues occur in the entire biofuels and bio-liquids supply chain," he informed BBC News.<br>
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<br>Others in the field are worried that the database idea, which was first mooted in 2018, may not be efficient in stemming thought fraud.<br>
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<br>The report from Transport & Environment points out that with shipping and aviation seeking to decarbonise by utilizing biofuels, need for UCO could double over the next decade.<br>
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<br>"Rising the demand beyond sustainable supply levels would increase these concerns, and risks of using ['phony'](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) UCO, potentially [leading](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) to indirect effects such as logging."<br>
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<br>Follow Matt on Twitter @mattmcgrathbbc, external.<br>
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<br>Related subjects<br>
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<br>COP26<br>
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<br>Paris environment contract<br>
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<br>Climate<br>
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