From 115480eae01ccb62288d9db98bf233bc0dab30f0 Mon Sep 17 00:00:00 2001 From: danieletalbott Date: Fri, 17 Jan 2025 22:11:42 +0100 Subject: [PATCH] Add Climate Change: Growing Doubts Over Chip Fat Biofuel --- ...3A-Growing-Doubts-Over-Chip-Fat-Biofuel.md | 43 +++++++++++++++++++ 1 file changed, 43 insertions(+) create mode 100644 Climate-Change%3A-Growing-Doubts-Over-Chip-Fat-Biofuel.md 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..579f17e --- /dev/null +++ b/Climate-Change%3A-Growing-Doubts-Over-Chip-Fat-Biofuel.md @@ -0,0 +1,43 @@ +
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)
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21 April 2021
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comments
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354 Comments
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New research [study questions](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) the ecological impact of increasing 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 by displacing fossil oil.
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But such is the demand across Europe that [imports](https://forest500.org/rankings/companies/mission-newenergy-limited) now account for majority of the UCO that's made into fuel.
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According to the study, external, there's no way to show these imports are sustainable.
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Without any screening of what's can be found in, experts believe it is likewise ripe for scams.
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Used cooking oil imports might boost deforestation
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Consumers present 'growing risk' to tropical forests
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Reducing emissions from transport is showing to be one of the hardest difficulties for [federal governments](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) all over the world.
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They've motivated using biofuels as an [essential](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) means of suppressing carbon from cars and trucks.
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[Biofuels](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) are normally a mix of [nonrenewable fuel](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) source and oil made from plants or vegetables.
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The reality that these crops can be re-grown and take in more CO2 means they cancel out the carbon released when used in engines.
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Soy and palm oil were as soon as commonly used as elements of [biodiesel](https://www.pinterest.com.au/missionnewenergy/) however this practice has actually been extensively discredited due to the fact that it encourages logging.
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So for the last years approximately, the usage of used cooking oil has broadened enormously as an alternative feedstock for fuel.
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[Chip fat](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) and other waste oils have actually ended up being a key part of [biodiesel](https://www.businessnews.com.au/Company/Mission-NewEnergy) with an [efficient industry](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) springing up across Europe to gather and process the product.
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But with the amount of [biodiesel](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) made from UCO increasing by around 40% every year considering that 2014, there merely isn't adequate chip fat to walk 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 suggests this is highly problematic when it comes to effect on the environment.
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While UCO is considered 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 changing 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](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) for their exports to other European countries aren't readily available however the flow of UCO is 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 collected and exported to the UK and Ireland alone.
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By contrast, Thailand, which has a [population](https://pitchbook.com/profiles/company/51278-86) of 70 million individuals, [handled](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) to gather around 5 million litres of UCO in 2019.
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"Because we are buying it, they have actually less utilized 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 simply buying more virgin oil which virgin oil is largely palm oil, since that's the most affordable oil offered.
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"So indirectly, we're just motivating more deforestation in Southeast Asia."
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Another significant issue with UCO is the suspicion of scams.
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Because of need from Europe, the rate of UCO is typically greater than palm oil. The concern is that some unscrupulous traders are merely diluting deliveries of UCO with palm.
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As oils of different types are mixed in bulk for transportation, and no screening of the materials is performed, some experts believe 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 commonly understood that the European Commission has taken appropriate steps to totally curb unsound in [biofuel](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) markets," said Angel Alberdi, EWABA's secretary general.
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He says a brand-new database being established by the EU will ensure that trading, certification and sustainability information on all bio-liquids will have to be signed up.
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"The mix of revised accreditation schemes and the pan-EU track and trace database will ensure that no sustainability issues [develop](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) in the entire biofuels and [bio-liquids supply](https://forest500.org/rankings/companies/mission-newenergy-limited) chain," he informed BBC News.
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Others in the field are worried that the database idea, which was very first mooted in 2018, might not be reliable in stemming presumed fraud.
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The report from Transport & Environment mentions that with shipping and aviation looking to decarbonise by utilizing biofuels, demand for UCO might double over the next decade.
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"Rising the need beyond sustainable supply levels would increase these issues, and [dangers](https://stocktwits.com/symbol/MNEL) of [utilizing 'fake'](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) UCO, possibly resulting in indirect impacts such as deforestation."
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Follow Matt on Twitter @mattmcgrathbbc, external.
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Related topics
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COP26
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Paris climate arrangement
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Climate
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