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Climate change: [Growing doubts](https://pitchbook.com/profiles/company/51278-86) over chip fat [biofuel](https://www.crunchbase.com/organization/mission-newenergy)
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21 April 2021
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remarks
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354 Comments
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New research questions the ecological effect of increasing imports of utilized cooking oil (UCO) into the UK and Europe.
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[Chip fat](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) and other oils are thought about waste, so when they are used to make [biodiesel](https://www.google.com/search?kgmid=/m/0cqd_rb) it saves carbon [emissions](https://stocktwits.com/symbol/MNEL) by displacing fossil oil.
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But such is the demand throughout Europe that imports now represent 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 show these imports are sustainable.
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Without any [screening](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) of what's coming in, [specialists](https://www.bloomberg.com/profile/company/MNELF:US) believe it is likewise ripe for scams.
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Used cooking oil imports might increase deforestation
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Consumers present 'growing threat' to tropical forests
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Reducing emissions from transportation is showing to be one of the hardest difficulties for governments all over the world.
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They have actually motivated making use of biofuels as an important means of suppressing carbon from cars and trucks and trucks.
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Biofuels are generally a blend of fossil fuel and oil made from plants or vegetables.
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The fact that these crops can be re-grown and take in more CO2 suggests they cancel out the carbon discharged when used in engines.
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Soy and palm oil were as soon as commonly used as parts of [biodiesel](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) but this practice has actually been extensively rejected since it encourages deforestation.
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So for the last decade 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](https://stocktwits.com/symbol/MNEL) have ended up being a key part of [biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) with a reliable industry emerging throughout Europe to gather and process the product.
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But with the quantity of [biodiesel](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) made from [UCO increasing](https://www.pinterest.com.au/missionnewenergy/) by around 40% every year because 2014, there just isn't [sufficient chip](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) fat to go around.
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According to a report from the campaign group Transport & Environment, external, over half of the UCO utilized in Europe is imported.
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Their research [study recommends](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) this is highly bothersome when it comes to [influence](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) on the environment.
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While UCO is thought about a waste material in the UK, in China, Indonesia and Malaysia it has long been used to feed animals. The report raises the concern of what individuals in these countries are [replacing](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) 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 to other European countries aren't offered but the flow of UCO is most 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 comparison, Thailand, which has a population of 70 million people, [managed](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) to collect around five million litres of UCO in 2019.
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"Because we are purchasing it, they have less used cooking oil to use on the things that they were formerly utilizing it for," stated Greg Archer with Transport & Environment.
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"And they're just buying more virgin oil and that virgin oil is mainly palm oil, because that's the least expensive oil available.
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"So indirectly, we're just encouraging more logging in Southeast Asia."
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Another major problem with UCO is the suspicion of scams.
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Because of demand from Europe, the price of UCO is frequently greater than palm oil. The worry is that some unethical traders are merely diluting deliveries of UCO with palm.
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As oils of various types are mixed in bulk for transport, and no testing of the materials is brought out, some experts think fraud is rife.
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The tip of scams anywhere along the chain of supply is declined by the European Waste-to-Advanced Biofuels Association (EWABA), who say there are robust accreditation plans in place.
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"It is widely understood that the [European Commission](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) has taken pertinent steps to totally curb unsound market practices in [biofuel](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) markets," said Angel Alberdi, EWABA's secretary general.
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He states a brand-new database being developed 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 combination of modified accreditation schemes and the [pan-EU track](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) and trace database will guarantee that no sustainability issues occur in the entire biofuels 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, might not be efficient in stemming thought scams.
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The report from Transport & Environment points out that with shipping and air travel wanting to decarbonise by utilizing biofuels, demand for UCO might double over the next decade.
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"Rising the demand beyond levels would increase these concerns, and dangers of [utilizing 'phony'](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) UCO, potentially leading to indirect impacts 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 arrangement
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Climate
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