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Climate change: Growing doubts over chip fat [biofuel](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html)
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21 April 2021
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comments
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354 Comments
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New research [study concerns](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) the ecological impact of increasing imports of [utilized cooking](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) 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 thought about waste, so when they are utilized to make [biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) it conserves carbon emissions by displacing fossil oil.
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But such is the need throughout Europe that [imports](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) now [account](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) for more than half of the UCO that's made into fuel.
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According to the research study, external, there's no way to prove these imports are sustainable.
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With no screening of what's can be found in, [experts](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) believe it is also ripe for fraud.
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Used cooking oil imports might enhance deforestation
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[Consumers posture](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) 'growing threat' to tropical forests
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Reducing emissions from transport is to be among the toughest challenges for governments all over the world.
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They have actually motivated making use of biofuels as a crucial methods of suppressing carbon from automobiles and trucks.
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Biofuels are typically a blend of fossil fuel and oil made from plants or veggies.
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The fact that these crops can be re-grown and absorb more CO2 suggests they counteract the carbon given off when [utilized](https://www.bloomberg.com/profile/company/MNELF:US) in engines.
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Soy and palm oil were once [commonly](https://www.zoominfo.com/c/mission-newenergy/346542889) utilized as [elements](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) of [biodiesel](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) however this practice has actually been widely challenged due to the fact that it encourages logging.
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So for the last decade or two, making use of used cooking oil has actually expanded massively as an alternative feedstock for fuel.
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[Chip fat](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) and other waste oils have ended up being an essential component of [biodiesel](https://www.pinterest.com.au/missionnewenergy/) with an efficient market emerging throughout Europe to gather and process the item.
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But with the quantity of [biodiesel](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) made from UCO increasing by around 40% every year considering that 2014, there merely isn't adequate chip fat to go around.
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According to a report from the project group Transport & Environment, external, majority of the UCO used in Europe is imported.
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Their research study recommends this is extremely bothersome when it pertains to impacts on the environment.
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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 of what individuals in these nations are changing the UCO with, when it is exported.
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In 2019, [Malaysia exported](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) 90 million litres of UCO to the UK and Ireland. Figures for their exports to other European nations aren't readily available however the flow of UCO is likely to be comparable.
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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.
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By contrast, Thailand, which has a population of 70 million people, [managed](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) to [collect](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) around five million litres of UCO in 2019.
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"Because we are purchasing it, they have actually less utilized cooking oil to utilize on the important things that they were previously utilizing it for," said Greg Archer with Transport & Environment.
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"And they're simply purchasing more virgin oil and that virgin oil is mostly palm oil, since that's the most affordable oil readily available.
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"So indirectly, we're just motivating more deforestation in Southeast Asia."
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Another major problem with UCO is the suspicion of scams.
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Because of need from Europe, the cost of UCO is typically greater than palm oil. The worry is that some dishonest traders are simply watering down shipments of UCO with palm.
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As oils of various types are blended in bulk for transportation, and no testing of the products is brought out, some professionals think fraud is swarming.
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The tip of scams anywhere along the chain of supply is rejected by the European Waste-to-Advanced Biofuels Association (EWABA), who state there are robust accreditation plans in place.
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"It is extensively known that the European Commission has actually taken appropriate actions to totally suppress unsound market practices in [biofuel](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) markets," said Angel Alberdi, EWABA's secretary general.
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He says a brand-new database being developed by the EU will ensure that trading, certification and sustainability information on all bio-liquids will need to be signed up.
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"The combination of revised certification plans and the pan-EU track and trace database will make sure that no sustainability problems develop in the whole 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 first mooted in 2018, may not be effective in stemming presumed scams.
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The report from Transport & Environment mentions that with shipping and aviation wanting to decarbonise by utilizing biofuels, need for UCO might double over the next years.
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"Rising the need beyond sustainable supply levels would [increase](https://www.businessnews.com.au/Company/Mission-NewEnergy) these issues, and dangers of using 'phony' UCO, possibly leading to indirect impacts such as logging."
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Follow Matt on Twitter @mattmcgrathbbc, external.
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Related subjects
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COP26
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Paris climate agreement
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Climate
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