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<br>Climate modification: Growing doubts over chip fat [biofuel](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>21 April 2021<br>
<br>comments<br>
<br>354 Comments<br>
<br>New research [concerns](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) the environmental effect 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 utilized to make [biodiesel](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) it saves carbon [emissions](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) by [displacing fossil](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) oil.<br>
<br>But such is the demand across Europe that imports now account for over half of the UCO that's made into fuel.<br>
<br>According to the research study, external, there's no chance to show these imports are sustainable.<br>
<br>With no testing of what's being available in, professionals think it is also ripe for fraud.<br>
<br>Used cooking oil imports may boost deforestation<br>
<br>[Consumers](https://pitchbook.com/profiles/company/51278-86) present 'growing hazard' to tropical forests<br>
<br>Reducing emissions from transportation is showing to be among the hardest obstacles for governments all over the world.<br>
<br>They have actually encouraged using biofuels as a [crucial](https://pitchbook.com/profiles/company/51278-86) ways of curbing carbon from cars and trucks and trucks.<br>
<br>Biofuels are [typically](https://forest500.org/rankings/companies/mission-newenergy-limited) a blend of nonrenewable fuel source and oil made from plants or veggies.<br>
<br>The reality that these crops can be re-grown and take in more CO2 suggests they [counteract](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) the carbon released when utilized in engines.<br>
<br>Soy and palm oil were once [commonly](https://www.bloomberg.com/profile/company/MNELF:US) utilized as parts of biodiesel however this practice has actually been commonly rejected since it encourages deforestation.<br>
<br>So for the last years approximately, the use of used cooking oil has actually expanded massively as an alternative feedstock for fuel.<br>
<br>Chip fat and other waste oils have ended up being a crucial component of biodiesel with a [reliable market](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) springing up throughout Europe to gather and process the item.<br>
<br>But with the amount of [biodiesel](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) made from UCO increasing by around 40% every year given that 2014, there simply isn't adequate chip fat to walk around.<br>
<br>According to a report from the [project](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) group [Transport](https://www.crunchbase.com/organization/mission-newenergy) & Environment, external, over half of the UCO used in Europe is imported.<br>
<br>Their study suggests this is extremely troublesome when it comes to effects on the .<br>
<br>While UCO is thought about a waste product in the UK, in China, Indonesia and Malaysia it has long been used to feed animals. The report raises the concern of what people in these countries are replacing 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 to other [European nations](https://www.crunchbase.com/organization/mission-newenergy) aren't readily available but the circulation of UCO is most likely to be comparable.<br>
<br>With a [population](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) of around 33 million, that's close to three litres per head of used oil that's gathered and [exported](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) to the UK and Ireland alone.<br>
<br>By comparison, Thailand, which has a population of 70 million people, managed to gather around five million litres of UCO in 2019.<br>
<br>"Because we are buying it, they have actually less used cooking oil to use on the things that they were previously utilizing it for," stated Greg Archer with Transport & Environment.<br>
<br>"And they're just buying more virgin oil which virgin oil is mainly palm oil, because that's the most affordable oil available.<br>
<br>"So indirectly, we're just [motivating](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) more [logging](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) in Southeast Asia."<br>
<br>Another major problem with UCO is the suspicion of scams.<br>
<br>Because of demand from Europe, the cost of UCO is typically greater than palm oil. The worry is that some unethical traders are merely watering down shipments of UCO with palm.<br>
<br>As oils of various types are blended in bulk for transportation, and no screening of the products is performed, some experts believe fraud is swarming.<br>
<br>The tip of scams anywhere along the chain of supply is declined by the European Waste-to-Advanced Biofuels Association (EWABA), who state there are robust certification plans in location.<br>
<br>"It is widely understood that the European Commission has taken relevant steps to completely suppress unsound market practices in [biofuel](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) markets," stated Angel Alberdi, EWABA's secretary general.<br>
<br>He says a brand-new database being established by the EU will make sure that trading, certification and sustainability data on all bio-liquids will have to be registered.<br>
<br>"The mix of revised accreditation schemes and the pan-EU track and trace database will ensure that no sustainability concerns occur in the whole [biofuels](https://www.businessnews.com.au/Company/Mission-NewEnergy) and bio-liquids supply chain," he told BBC News.<br>
<br>Others in the field are concerned that the database idea, which was first mooted in 2018, might not work in stemming presumed fraud.<br>
<br>The report from Transport & Environment mentions that with shipping and aviation seeking to decarbonise by utilizing biofuels, need for UCO could double over the next years.<br>
<br>"Rising the need beyond sustainable supply levels would increase these issues, and threats of utilizing 'phony' UCO, potentially leading to indirect effects such as deforestation."<br>
<br>Follow Matt on Twitter @mattmcgrathbbc, external.<br>
<br>Related topics<br>
<br>COP26<br>
<br>Paris environment contract<br>
<br>Climate<br>