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Climate modification: Growing doubts over chip fat [biofuel](https://stocktwits.com/symbol/MNEL)
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21 April 2021
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comments
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354 Comments
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New research questions the [ecological](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) effect of rising imports of used cooking oil (UCO) into the UK and Europe.
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Chip fat and other oils are considered waste, so when they are used to make [biodiesel](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) it conserves carbon emissions by displacing fossil oil.
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But such is the need throughout Europe that imports now account for [majority](https://www.businessnews.com.au/Company/Mission-NewEnergy) of the UCO that's made into fuel.
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According to the study, external, there's no other way to prove these imports are sustainable.
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With no testing of what's can be found in, [experts](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) believe it is likewise ripe for fraud.
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Used cooking oil imports may enhance deforestation
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Consumers position 'growing hazard' to tropical forests
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Reducing emissions from [transport](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) is showing to be one of the hardest obstacles for federal governments all over the world.
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They've encouraged using biofuels as an important methods of suppressing carbon from automobiles and trucks.
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Biofuels are typically a mix of [fossil fuel](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) and oil made from plants or veggies.
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The fact that these crops can be re-grown and absorb more CO2 indicates they cancel out the carbon emitted when utilized in engines.
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Soy and palm oil were when extensively utilized as components of biodiesel however this practice has actually been widely [challenged](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) since it motivates logging.
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So for the last years or so, the use of utilized cooking oil has actually broadened massively as an alternative feedstock for fuel.
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Chip fat and other waste oils have become a crucial element of biodiesel with an effective market [emerging](https://www.pinterest.com.au/missionnewenergy/) across Europe to collect and process the item.
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But with the quantity of biodiesel made from UCO increasing by around 40% every year considering that 2014, there just isn't enough chip fat to walk around.
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According to a report from the project group & Environment, external, over half of the UCO used in Europe is [imported](https://www.crunchbase.com/organization/mission-newenergy).
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Their [study recommends](https://pitchbook.com/profiles/company/51278-86) this is extremely problematic when it comes to effect on the environment.
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While UCO is thought about a [waste product](https://pitchbook.com/profiles/company/51278-86) in the UK, in China, Indonesia and Malaysia it has long been used to feed animals. The report raises the concern of what [individuals](https://www.google.com/search?kgmid=/m/0cqd_rb) in these nations are changing the UCO with, when it is exported.
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In 2019, [Malaysia exported](https://pitchbook.com/profiles/company/51278-86) 90 million litres of UCO to the UK and Ireland. Figures for their exports to other [European nations](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) aren't readily available but the circulation of UCO is most likely to be [comparable](https://forest500.org/rankings/companies/mission-newenergy-limited).
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With a population of around 33 million, that's close to three litres per head of used oil that's gathered and exported to the UK and Ireland alone.
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By comparison, Thailand, which has a population of 70 million people, handled to collect around five million litres of UCO in 2019.
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"Because we are buying it, they have less utilized cooking oil to use on the important things that they were previously utilizing it for," said Greg Archer with Transport & Environment.
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"And they're just purchasing more virgin oil which virgin oil is mainly palm oil, because that's the most affordable oil available.
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"So indirectly, we're simply encouraging more deforestation in Southeast Asia."
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Another major issue with UCO is the suspicion of fraud.
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Because of demand from Europe, the price of UCO is typically higher than palm oil. The worry is that some unethical traders are just diluting shipments of UCO with palm.
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As oils of different types are mixed in bulk for transportation, and no screening of the materials is brought out, some professionals think fraud is rife.
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The idea of scams anywhere along the chain of supply is rejected by the European Waste-to-Advanced Biofuels Association (EWABA), who state there are robust certification schemes in location.
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"It is widely understood that the European Commission has actually taken [relevant](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) actions to completely suppress unsound [market practices](https://www.zoominfo.com/c/mission-newenergy/346542889) in [biofuel](https://stocktwits.com/symbol/MNEL) markets," stated Angel Alberdi, EWABA's secretary general.
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He says a brand-new database being established by the EU will make sure that trading, accreditation and sustainability data on all bio-liquids will have to be registered.
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"The mix of revised accreditation plans and the [pan-EU track](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) and trace database will [guarantee](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) that no sustainability problems arise in the entire biofuels and bio-liquids supply chain," he informed BBC News.
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Others in the field are worried that the database concept, which was first mooted in 2018, may not work in stemming thought fraud.
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The report from Transport & Environment points out that with shipping and aviation looking to decarbonise by utilizing biofuels, need for UCO could double over the next years.
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"Rising the demand beyond sustainable supply levels would increase these issues, and dangers of using 'phony' UCO, possibly causing indirect effects such as deforestation."
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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 environment contract
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Climate
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