commit 477df519ba59a2b124a86d88f4f552078abb446d Author: tamiatchley07 Date: Sun Jan 12 03:32:37 2025 +0000 Update 'Climate Change: Growing Doubts Over Chip Fat Biofuel' diff --git a/Climate-Change%3A-Growing-Doubts-Over-Chip-Fat-Biofuel.md b/Climate-Change%3A-Growing-Doubts-Over-Chip-Fat-Biofuel.md new file mode 100644 index 0000000..739ee97 --- /dev/null +++ b/Climate-Change%3A-Growing-Doubts-Over-Chip-Fat-Biofuel.md @@ -0,0 +1,43 @@ +
[Climate](https://forest500.org/rankings/companies/mission-newenergy-limited) modification: Growing doubts over chip fat [biofuel](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price)
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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](https://www.bloomberg.com/profile/company/MNELF:US) the environmental impact of rising imports of used cooking oil (UCO) into the UK and Europe.
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Chip fat 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](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) by displacing fossil oil.
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But such is the demand across Europe that [imports](https://www.google.com/search?kgmid=/m/0cqd_rb) now account for majority of the UCO that's made into fuel.
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According to the research study, external, there's no other way to prove these imports are sustainable.
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With no screening of what's coming in, specialists believe it is likewise ripe for scams.
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Used cooking oil imports might boost logging
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Consumers pose 'growing risk' to tropical forests
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Reducing emissions from transport is showing to be among the hardest challenges for governments all over the world.
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They have actually motivated the use of biofuels as an important means of suppressing carbon from cars and trucks and lorries.
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Biofuels are usually a mix of [nonrenewable fuel](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) source and oil made from plants or vegetables.
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The truth that these crops can be [re-grown](https://www.businessnews.com.au/Company/Mission-NewEnergy) and absorb more CO2 they cancel out the carbon produced when utilized in engines.
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Soy and palm oil were when widely utilized as parts of [biodiesel](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) however this practice has been commonly challenged since it motivates deforestation.
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So for the last years or two, making use of used cooking oil has broadened massively as an alternative feedstock for fuel.
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Chip fat and other waste oils have actually become a key component of biodiesel with a reliable industry [springing](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) up across Europe to collect and process the product.
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But with the amount of [biodiesel](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) made from UCO increasing by around 40% every year given that 2014, there just isn't adequate chip fat to walk around.
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According to a report from the project group [Transport](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) & Environment, external, majority of the UCO utilized in Europe is imported.
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Their research study suggests this is highly bothersome when it pertains to impacts on the environment.
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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 question of what people in these nations are [replacing](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) the UCO with, when it is exported.
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In 2019, Malaysia exported 90 million litres of UCO to the UK and Ireland. Figures for their [exports](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) to other [European nations](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) aren't [offered](https://forest500.org/rankings/companies/mission-newenergy-limited) but the circulation of UCO is likely to be similar.
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With a [population](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 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 contrast, 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 purchasing it, they have actually less used cooking oil to utilize on the things that they were formerly using it for," said Greg Archer with Transport & Environment.
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"And they're just buying more virgin oil and that virgin oil is largely palm oil, since that's the cheapest oil offered.
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"So indirectly, we're simply encouraging more logging in Southeast Asia."
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Another major problem with UCO is the suspicion of fraud.
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Because of demand from Europe, the price of UCO is often greater than palm oil. The concern is that some deceitful traders are simply watering down deliveries of UCO with palm.
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As oils of various types are blended in bulk for transport, and no screening of the materials is performed, some experts believe fraud is swarming.
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The tip of fraud anywhere along the chain of supply is turned down by the European Waste-to-Advanced Biofuels Association (EWABA), who say there are robust accreditation plans in place.
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"It is commonly understood that the European Commission has taken pertinent actions to completely curb 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 states a new database being established by the EU will guarantee that trading, certification and sustainability information on all bio-liquids will have to be registered.
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"The combination of [revised certification](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) plans and the pan-EU track and trace database will make sure that no [sustainability issues](https://www.businessnews.com.au/Company/Mission-NewEnergy) occur in the entire [biofuels](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) and bio-liquids supply chain," he told BBC News.
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Others in the field are worried that the database idea, which was first mooted in 2018, may not be reliable in stemming thought fraud.
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The report from Transport & Environment explains that with shipping and air travel looking to decarbonise by utilizing biofuels, demand for UCO might double over the next years.
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"Rising the demand beyond sustainable supply levels would increase these concerns, and dangers of utilizing 'phony' UCO, potentially causing 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 arrangement
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Climate
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