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<br>Climate change: [Growing doubts](https://www.crunchbase.com/organization/mission-newenergy) over chip fat [biofuel](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/)<br> |
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<br>21 April 2021<br> |
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<br>comments<br> |
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<br>354 Comments<br> |
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<br>New research study concerns the environmental effect of rising imports of [utilized cooking](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) oil (UCO) into the UK and Europe.<br> |
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<br>Chip fat and other oils are thought about waste, so when they are used to make [biodiesel](https://www.crunchbase.com/organization/mission-newenergy) it [conserves carbon](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) emissions by [displacing fossil](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) oil.<br> |
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<br>But such is the demand across Europe that imports now account for over half of the UCO that's made into fuel.<br> |
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<br>According to the study, external, there's no chance to prove these imports are sustainable.<br> |
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<br>With no testing of what's being available in, [specialists](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) think it is likewise ripe for scams.<br> |
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<br>Used [cooking oil](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) imports might boost deforestation<br> |
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<br>Consumers pose 'growing risk' to tropical forests<br> |
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<br>Reducing emissions from transport is showing to be one of the toughest difficulties for governments all over the world.<br> |
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<br>They've encouraged using [biofuels](https://www.crunchbase.com/organization/mission-newenergy) as an important ways of suppressing carbon from cars and trucks.<br> |
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<br>Biofuels are generally a blend of fossil fuel and oil made from plants or [veggies](https://forest500.org/rankings/companies/mission-newenergy-limited).<br> |
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<br>The truth that these crops can be [re-grown](https://www.pinterest.com.au/missionnewenergy/) and take in more CO2 suggests they cancel out the carbon produced when used in engines.<br> |
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<br>Soy and palm oil were once extensively utilized as components of [biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) but this practice has been extensively discredited due to the fact that it motivates logging.<br> |
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<br>So for the last decade or two, using utilized cooking oil has actually broadened massively as an alternative feedstock for fuel.<br> |
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<br>Chip fat and other [waste oils](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) have actually ended up being a crucial element of [biodiesel](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) with an effective industry springing up across Europe to collect and process the item.<br> |
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<br>But with the amount of [biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) made from UCO increasing by around 40% every year given that 2014, there simply isn't sufficient chip fat to go around.<br> |
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<br>According to a report from the campaign group & Environment, external, more than half of the UCO used in Europe is imported.<br> |
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<br>Their study recommends this is extremely problematic when it pertains to influence on the environment.<br> |
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<br>While UCO is considered a waste product in the UK, in China, Indonesia and Malaysia it has actually long been used to [feed animals](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html). The report raises the question of what people in these countries are [replacing](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) the UCO with, when it is exported.<br> |
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<br>In 2019, Malaysia exported 90 million litres of UCO to the UK and Ireland. Figures for their exports to other European countries aren't available however the flow of UCO is most likely to be similar.<br> |
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<br>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.<br> |
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<br>By contrast, Thailand, which has a population of 70 million people, [managed](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) to gather around 5 million litres of UCO in 2019.<br> |
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<br>"Because we are purchasing it, they have less used cooking oil to utilize on the important things that they were previously utilizing it for," stated Greg Archer with Transport & Environment.<br> |
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<br>"And they're simply purchasing more virgin oil and that virgin oil is mainly palm oil, because that's the cheapest oil readily available.<br> |
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<br>"So indirectly, we're simply encouraging more logging in Southeast Asia."<br> |
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<br>Another significant problem with UCO is the suspicion of fraud.<br> |
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<br>Because of demand from Europe, the rate of UCO is typically greater than palm oil. The worry is that some unethical traders are merely watering down deliveries of UCO with palm.<br> |
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<br>As oils of different types are mixed in bulk for transportation, and no screening of the products is performed, some specialists believe fraud is swarming.<br> |
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<br>The suggestion of scams anywhere along the chain of supply is declined by the European Waste-to-Advanced Biofuels Association (EWABA), who state there are robust accreditation plans in place.<br> |
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<br>"It is widely known that the European Commission has actually taken pertinent actions to completely curb unsound market practices in [biofuel](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) markets," stated Angel Alberdi, EWABA's secretary general.<br> |
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<br>He states a new database being established by the EU will ensure that trading, accreditation and sustainability data on all bio-liquids will have to be registered.<br> |
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<br>"The mix of modified accreditation schemes and the pan-EU track and [trace database](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) will ensure that no sustainability issues arise in the entire biofuels and bio-liquids supply chain," he informed BBC News.<br> |
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<br>Others in the field are worried that the database idea, which was very first mooted in 2018, may not work in stemming thought scams.<br> |
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<br>The report from Transport & Environment points out that with shipping and air travel aiming to decarbonise by utilizing biofuels, need for UCO could double over the next years.<br> |
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<br>"Rising the need beyond [sustainable supply](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) levels would increase these concerns, and threats of utilizing 'fake' UCO, possibly resulting in indirect impacts such as deforestation."<br> |
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<br>Follow Matt on Twitter @mattmcgrathbbc, external.<br> |
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<br>Related topics<br> |
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<br>COP26<br> |
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<br>Paris environment agreement<br> |
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<br>Climate<br> |
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