Add Climate Change: Growing Doubts Over Chip Fat Biofuel

2025-01-11 19:45:49 +00:00 · 2025-01-11 19:45:49 +00:00 · 8d76a8d67c
commit 8d76a8d67c
1 changed files with 43 additions and 0 deletions
--- a/Climate-Change%3A-Growing-Doubts-Over-Chip-Fat-Biofuel.md
+++ b/Climate-Change%3A-Growing-Doubts-Over-Chip-Fat-Biofuel.md
@ -0,0 +1,43 @@
 <br>[Climate](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) modification: Growing doubts over chip fat [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)<br>
 <br>21 April 2021<br>
 <br>comments<br>
 <br>354 Comments<br>
 <br>New research questions the environmental impact of rising imports of used 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 [saves carbon](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) [emissions](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) by [displacing fossil](https://www.bloomberg.com/profile/company/MNELF:US) oil.<br>
 <br>But such is the demand across Europe that [imports](https://www.bloomberg.com/profile/company/MNELF:US) now [represent majority](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) of the UCO that's made into fuel.<br>
 <br>According to the study, external, there's no chance to prove these [imports](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) are sustainable.<br>
 <br>Without any screening of what's can be found in, professionals believe it is likewise ripe for scams.<br>
 <br>Used cooking oil imports might boost deforestation<br>
 <br>Consumers pose 'growing threat' to tropical forests<br>
 <br>Reducing emissions from transport is proving to be one of the toughest obstacles for governments all over the world.<br>
 <br>They have actually motivated using biofuels as an essential means of suppressing carbon from automobiles and trucks.<br>
 <br>Biofuels are usually a blend of [fossil fuel](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) and oil made from plants or veggies.<br>
 <br>The truth that these crops can be re-grown and take in more CO2 implies they counteract the carbon given off when utilized in engines.<br>
 <br>Soy and palm oil were when extensively used as components of [biodiesel](https://www.zoominfo.com/c/mission-newenergy/346542889) but this [practice](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) has actually been [extensively discredited](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) due to the fact that it motivates deforestation.<br>
 <br>So for the last years or so, making use of used cooking oil has actually broadened massively as an alternative feedstock for fuel.<br>
 <br>Chip fat and other waste oils have actually become an essential component of [biodiesel](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) with an effective industry [springing](https://www.pinterest.com.au/missionnewenergy/) up throughout Europe to gather and process the item.<br>
 <br>But with the amount of [biodiesel](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) made from UCO increasing by around 40% every year considering that 2014, there simply isn't enough chip fat to walk around.<br>
 <br>According to a report from the campaign group Transport & Environment, external, over half of the UCO utilized in Europe is imported.<br>
 <br>Their research study suggests this is highly bothersome when it concerns impacts on the environment.<br>
 <br>While UCO is considered a waste material in the UK, in China, Indonesia and Malaysia it has long been utilized to feed animals. The report raises the concern of what people in these nations are [changing](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) the UCO with, when it is exported.<br>
 <br>In 2019, [Malaysia exported](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) 90 million litres of UCO to the UK and Ireland. Figures for their exports to other European countries aren't available but the flow of UCO is most likely to be comparable.<br>
 <br>With a [population](https://forest500.org/rankings/companies/mission-newenergy-limited) of around 33 million, that's close to 3 litres per head of used oil that's collected and  to the UK and Ireland alone.<br>
 <br>By comparison, Thailand, which has a population of 70 million individuals, managed to gather around 5 million litres of UCO in 2019.<br>
 <br>"Because we are buying it, they have less used cooking oil to use 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 which virgin oil is largely palm oil, because that's the least expensive oil offered.<br>
 <br>"So indirectly, we're [simply encouraging](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) more logging in Southeast Asia."<br>
 <br>Another major issue with UCO is the suspicion of scams.<br>
 <br>Because of need from Europe, the rate of UCO is often greater than palm oil. The concern is that some unethical traders are simply diluting deliveries of UCO with palm.<br>
 <br>As oils of various types are mixed in bulk for transportation, and no screening of the materials is performed, some experts think fraud is swarming.<br>
 <br>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 schemes in place.<br>
 <br>"It is extensively understood that the European Commission has actually taken relevant steps to totally curb unsound market practices in [biofuel](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) markets," said Angel Alberdi, EWABA's secretary general.<br>
 <br>He says a brand-new database being developed by the EU will guarantee that trading, accreditation and sustainability information on all bio-liquids will have to be signed up.<br>
 <br>"The combination of revised certification schemes and the pan-EU track and trace database will ensure that no sustainability issues arise in the entire biofuels and bio-liquids supply chain," he informed BBC News.<br>
 <br>Others in the field are worried that the database concept, which was very first mooted in 2018, may not be reliable in stemming believed scams.<br>
 <br>The report from Transport & Environment explains that with shipping and air travel wanting to decarbonise by utilizing biofuels, need for UCO might double over the next decade.<br>
 <br>"Rising the demand beyond sustainable supply levels would increase these concerns, and dangers of utilizing 'fake' UCO, possibly causing indirect effects such as logging."<br>
 <br>Follow Matt on Twitter @mattmcgrathbbc, external.<br>
 <br>Related subjects<br>
 <br>COP26<br>
 <br>Paris environment arrangement<br>
 <br>Climate<br>