Update 'Climate Change: Growing Doubts Over Chip Fat Biofuel'

3 months ago · 2d67b41e9f
commit 2d67b41e9f
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://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) modification: Growing doubts over [chip fat](https://www.businessnews.com.au/Company/Mission-NewEnergy) [biofuel](https://www.google.com/search?kgmid=/m/0cqd_rb)<br>
 <br>21 April 2021<br>
 <br>comments<br>
 <br>354 Comments<br>
 <br>New research study concerns the environmental effect 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 [utilized](https://www.zoominfo.com/c/mission-newenergy/346542889) to make [biodiesel](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) it saves carbon emissions by [displacing fossil](https://www.zoominfo.com/c/mission-newenergy/346542889) oil.<br>
 <br>But such is the need across Europe that imports now represent more than half of the UCO that's made into fuel.<br>
 <br>According to the study, external, there's no way to show these imports are .<br>
 <br>Without any testing of what's coming in, experts believe it is likewise ripe for scams.<br>
 <br>Used cooking oil imports may increase logging<br>
 <br>[Consumers pose](https://www.businessnews.com.au/Company/Mission-NewEnergy) 'growing risk' to tropical forests<br>
 <br>Reducing emissions from transport is showing to be one of the hardest challenges for federal governments all over the world.<br>
 <br>They have actually encouraged making use of biofuels as an essential methods of [curbing](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) carbon from vehicles and trucks.<br>
 <br>Biofuels are usually a mix of fossil fuel and oil made from plants or veggies.<br>
 <br>The fact that these crops can be re-grown and soak up more CO2 indicates they cancel out the carbon emitted when utilized in engines.<br>
 <br>Soy and palm oil were when extensively utilized as components of [biodiesel](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) but this practice has actually been extensively discredited since it motivates logging.<br>
 <br>So for the last years or two, making use of used cooking oil has expanded enormously as an alternative feedstock for fuel.<br>
 <br>Chip fat and other waste oils have actually ended up being a crucial part of [biodiesel](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) with a reliable market [springing](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) up across Europe to collect and process the item.<br>
 <br>But with the amount of [biodiesel](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) made from UCO increasing by around 40% every year since 2014, there merely isn't enough [chip fat](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) to go around.<br>
 <br>According to a report from the project group Transport & Environment, external, over half of the UCO used in Europe is imported.<br>
 <br>Their study suggests this is [highly troublesome](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) when it pertains to influence on the environment.<br>
 <br>While UCO is thought about 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 changing the UCO with, when it is exported.<br>
 <br>In 2019, [Malaysia exported](https://www.google.com/search?kgmid=/m/0cqd_rb) 90 million litres of UCO to the UK and Ireland. Figures for their exports to other European countries aren't readily available however the flow of UCO is most likely to be comparable.<br>
 <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>
 <br>By contrast, Thailand, which has a [population](https://www.zoominfo.com/c/mission-newenergy/346542889) 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 utilized cooking oil to use on the important things that they were previously utilizing it for," [stated Greg](https://www.zoominfo.com/c/mission-newenergy/346542889) Archer with Transport & [Environment](https://www.pinterest.com.au/missionnewenergy/).<br>
 <br>"And they're simply buying more virgin oil which virgin oil is largely palm oil, because that's the most affordable oil offered.<br>
 <br>"So indirectly, we're just motivating more [deforestation](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) in Southeast Asia."<br>
 <br>Another significant problem with UCO is the suspicion of fraud.<br>
 <br>Because of need from Europe, the rate of UCO is typically higher than palm oil. The concern is that some unethical traders are merely watering down deliveries of UCO with palm.<br>
 <br>As oils of various types are blended in bulk for transportation, and no screening of the materials is carried out, some experts think fraud is rife.<br>
 <br>The idea of scams anywhere along the chain of supply is rejected by the European Waste-to-Advanced Biofuels Association (EWABA), who say there are robust certification schemes in location.<br>
 <br>"It is extensively understood that the European Commission has taken appropriate steps to completely curb unsound market practices in [biofuel](https://www.businessnews.com.au/Company/Mission-NewEnergy) markets," stated Angel Alberdi, EWABA's secretary general.<br>
 <br>He says a new database being established by the EU will make sure that trading, accreditation and sustainability information on all bio-liquids will have to be signed up.<br>
 <br>"The combination of [modified certification](https://stocktwits.com/symbol/MNEL) schemes and the pan-EU track and trace database will make sure 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 concerned that the database concept, which was very first mooted in 2018, might not work in stemming believed scams.<br>
 <br>The report from Transport & Environment points out that with shipping and air travel seeking to decarbonise by utilizing biofuels, need for UCO could double over the next years.<br>
 <br>"Rising the demand beyond sustainable supply levels would increase these issues, and risks of using 'phony' UCO, potentially resulting in indirect impacts such as logging."<br>
 <br>Follow Matt on Twitter @mattmcgrathbbc, external.<br>
 <br>Related subjects<br>
 <br>COP26<br>
 <br>Paris environment contract<br>
 <br>Climate<br>