From b7af5d545ea18e776e62b7298afbfb65b05718f9 Mon Sep 17 00:00:00 2001 From: Erlinda Wyrick Date: Fri, 17 Jan 2025 19:38:00 +0000 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..4c1d9f8 --- /dev/null +++ b/Climate-Change%3A-Growing-Doubts-Over-Chip-Fat-Biofuel.md @@ -0,0 +1,43 @@ +
Climate change: [Growing doubts](https://pitchbook.com/profiles/company/51278-86) over chip fat [biofuel](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm)
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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 concerns the ecological impact of [increasing imports](https://www.zoominfo.com/c/mission-newenergy/346542889) of [utilized cooking](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) oil (UCO) into the UK and Europe.
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Chip fat and other oils are considered waste, so when they are utilized to make [biodiesel](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) it conserves carbon emissions by displacing fossil oil.
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But such is the need throughout Europe that imports now represent more than half of the UCO that's made into fuel.
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According to the study, external, there's no other way to prove these imports are sustainable.
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With no screening of what's coming in, experts believe it is likewise ripe for scams.
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Used cooking oil imports may enhance deforestation
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Consumers position 'growing danger' to tropical forests
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[Reducing emissions](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) from transportation is proving to be among the toughest difficulties for federal governments all over the world.
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They have actually encouraged making use of biofuels as an important means of curbing carbon from cars and lorries.
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Biofuels are usually a mix of fossil fuel 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 indicates they cancel out the carbon emitted when utilized in engines.
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Soy and palm oil were as soon as commonly utilized as elements of [biodiesel](https://www.businessnews.com.au/Company/Mission-NewEnergy) but this practice has been widely [rejected](https://www.crunchbase.com/organization/mission-newenergy) since it [motivates deforestation](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html).
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So for the last years or two, making use of used [cooking](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) oil has actually broadened massively as an alternative feedstock for fuel.
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Chip fat and other waste oils have actually ended up being a [crucial component](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) of biodiesel with a reliable industry springing up throughout Europe to collect and process the product.
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But with the amount of biodiesel made from UCO increasing by around 40% every year considering that 2014, there simply isn't [adequate chip](https://www.bloomberg.com/profile/company/MNELF:US) fat to go around.
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According to a report from the campaign group Transport & Environment, external, more than half of the UCO utilized in Europe is imported.
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Their study recommends this is extremely troublesome when it pertains to influence on the environment.
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While UCO is considered a waste material in the UK, in China, Indonesia and Malaysia it has long been used to . The report raises the question of what people in these nations are replacing the UCO with, when it is exported.
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In 2019, [Malaysia exported](https://www.zoominfo.com/c/mission-newenergy/346542889) 90 million litres of UCO to the UK and Ireland. Figures for their exports to other European nations aren't offered however the flow of UCO is likely to be comparable.
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With a [population](https://www.google.com/search?kgmid=/m/0cqd_rb) of around 33 million, that's close to three litres per head of utilized oil that's gathered and exported to the UK and Ireland alone.
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By contrast, Thailand, which has a population of 70 million people, handled to gather around five million litres of UCO in 2019.
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"Because we are purchasing it, they have actually less used cooking oil to utilize on the things that they were formerly using it for," said Greg Archer with Transport & [Environment](https://www.crunchbase.com/organization/mission-newenergy).
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"And they're just purchasing more virgin oil and that virgin oil is mainly palm oil, because that's the most inexpensive oil readily available.
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"So indirectly, we're simply encouraging more [logging](https://pitchbook.com/profiles/company/51278-86) 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 higher than palm oil. The concern is that some unscrupulous traders are merely watering down shipments of UCO with palm.
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As oils of different types are blended in bulk for transport, and no testing of the materials is performed, some specialists believe fraud is rife.
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The recommendation of fraud anywhere along the chain of supply is turned down by the European Waste-to-Advanced Biofuels Association (EWABA), who state there are robust accreditation schemes in place.
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"It is extensively understood that the European Commission has taken appropriate actions to completely curb unsound market [practices](https://www.google.com/search?kgmid=/m/0cqd_rb) in [biofuel](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) markets," said Angel Alberdi, EWABA's secretary general.
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He says a brand-new database being developed by the EU will ensure that trading, accreditation and sustainability information on all bio-liquids will have to be registered.
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"The mix of [modified certification](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) plans and the [pan-EU track](https://www.bloomberg.com/profile/company/MNELF:US) and trace database will ensure that no sustainability issues [develop](https://www.google.com/search?kgmid=/m/0cqd_rb) in the entire biofuels and bio-liquids supply chain," he told BBC News.
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Others in the field are concerned that the database concept, which was first mooted in 2018, may not work in stemming presumed scams.
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The report from Transport & Environment explains that with shipping and air travel seeking to decarbonise by utilizing biofuels, demand for UCO could double over the next decade.
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"Rising the demand beyond sustainable supply levels would increase these issues, and risks of utilizing 'phony' UCO, possibly resulting in 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 contract
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Climate
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