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<br>Climate modification: Growing doubts over chip fat [biofuel](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price)<br>
<br>21 April 2021<br>
<br>remarks<br>
<br>354 Comments<br>
<br>New research study concerns the ecological impact of increasing 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://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) it conserves carbon emissions by displacing fossil oil.<br>
<br>But such is the demand throughout Europe that imports now account for majority of the UCO that's made into fuel.<br>
<br>According to the study, external, there's no way to show these imports are sustainable.<br>
<br>With no testing of what's can be found in, think it is likewise ripe for fraud.<br>
<br>Used cooking oil imports may enhance logging<br>
<br>Consumers pose 'growing risk' to tropical forests<br>
<br>Reducing emissions from [transportation](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) is proving to be one of the most difficult difficulties for federal governments all over the world.<br>
<br>They have actually [encouraged](https://www.pinterest.com.au/missionnewenergy/) using [biofuels](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) as an important means of suppressing carbon from vehicles and lorries.<br>
<br>[Biofuels](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) are normally a blend of [fossil fuel](https://forest500.org/rankings/companies/mission-newenergy-limited) and oil made from plants or vegetables.<br>
<br>The fact that these crops can be re-grown and absorb more CO2 suggests they counteract the carbon given off when used in engines.<br>
<br>Soy and palm oil were once commonly used as elements of [biodiesel](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) however this [practice](https://forest500.org/rankings/companies/mission-newenergy-limited) has been commonly discredited due to the fact that it encourages deforestation.<br>
<br>So for the last years or two, using utilized cooking oil has actually expanded enormously as an alternative feedstock for fuel.<br>
<br>Chip fat and other waste oils have become a crucial component of [biodiesel](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) with a reliable market springing up throughout Europe to collect and process the product.<br>
<br>But with the [quantity](https://stocktwits.com/symbol/MNEL) of [biodiesel](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) made from UCO increasing by around 40% every year given that 2014, there simply isn't sufficient 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 study recommends this is extremely troublesome when it concerns influence on the environment.<br>
<br>While UCO is thought about a waste material in the UK, in China, Indonesia and Malaysia it has actually long been utilized to [feed animals](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608). The report raises the concern of what people in these countries are changing the UCO with, when it is exported.<br>
<br>In 2019, Malaysia exported 90 million litres of UCO to the UK and Ireland. Figures for their [exports](https://forest500.org/rankings/companies/mission-newenergy-limited) to other European countries aren't available however the flow of UCO is likely to be similar.<br>
<br>With a [population](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) 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 comparison, Thailand, which has a population of 70 million individuals, [managed](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) to gather around five million litres of UCO in 2019.<br>
<br>"Because we are buying it, they have actually less utilized cooking oil to utilize on the important things that they were previously utilizing it for," said Greg Archer with Transport & Environment.<br>
<br>"And they're just purchasing more virgin oil and that virgin oil is mostly palm oil, since that's the most affordable oil available.<br>
<br>"So indirectly, we're just encouraging more deforestation in Southeast Asia."<br>
<br>Another major problem with UCO is the suspicion of fraud.<br>
<br>Because of need from Europe, the price of UCO is frequently higher than palm oil. The concern is that some unethical traders are just diluting deliveries of UCO with palm.<br>
<br>As oils of various types are blended in bulk for transportation, and no testing of the materials is brought out, some specialists think scams is swarming.<br>
<br>The suggestion of fraud anywhere along the chain of supply is declined by the European Waste-to-Advanced Biofuels Association (EWABA), who state there are robust certification schemes in place.<br>
<br>"It is widely understood that the European Commission has actually taken [pertinent steps](https://www.pinterest.com.au/missionnewenergy/) to [totally](https://www.zoominfo.com/c/mission-newenergy/346542889) curb unsound market practices in [biofuel](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) markets," said Angel Alberdi, EWABA's secretary general.<br>
<br>He says a brand-new database being developed by the EU will ensure that trading, certification and sustainability data on all bio-liquids will need to be registered.<br>
<br>"The mix of modified certification [schemes](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) and the pan-EU track and trace database will guarantee that no sustainability issues emerge in the entire biofuels and bio-liquids supply chain," he informed BBC News.<br>
<br>Others in the field are concerned that the database idea, which was first mooted in 2018, might not be reliable in stemming presumed fraud.<br>
<br>The report from Transport & Environment mentions that with shipping and air travel wanting to decarbonise by using biofuels, need for UCO could double over the next decade.<br>
<br>"Rising the demand beyond sustainable supply levels would increase these concerns, and threats of utilizing 'fake' UCO, potentially leading to indirect impacts such as [deforestation](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>Follow Matt on Twitter @mattmcgrathbbc, external.<br>
<br>Related subjects<br>
<br>COP26<br>
<br>Paris climate arrangement<br>
<br>Climate<br>