From d92797be66d6ca07ce7e28a531b762602fb51c00 Mon Sep 17 00:00:00 2001 From: Jeff Jasprizza Date: Sun, 12 Jan 2025 19:23:25 +0800 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..dc9a85d --- /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.businessnews.com.au/Company/Mission-NewEnergy)
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21 April 2021
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remarks
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354 Comments
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New research study questions 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 considered waste, so when they are used to make biodiesel it saves carbon [emissions](https://www.bloomberg.com/profile/company/MNELF:US) by [displacing fossil](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) oil.
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But such is the demand across Europe that imports now account for over half of the UCO that's made into fuel.
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According to the research study, external, there's no method to show these imports are sustainable.
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With no [testing](https://stocktwits.com/symbol/MNEL) of what's being available in, experts think it is also ripe for fraud.
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Used cooking oil [imports](https://stocktwits.com/symbol/MNEL) might boost logging
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Consumers position ['growing](https://www.pinterest.com.au/missionnewenergy/) threat' to tropical forests
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Reducing emissions from transportation is proving to be among the hardest obstacles for governments all over the world.
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They have actually [motivated](https://www.bloomberg.com/profile/company/MNELF:US) using biofuels as an important means of curbing carbon from cars and lorries.
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Biofuels are typically a mix of fossil fuel and oil made from plants or veggies.
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The fact that these crops can be re-grown and take in more CO2 means they cancel out the [carbon emitted](https://www.crunchbase.com/organization/mission-newenergy) when used in engines.
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Soy and palm oil were when commonly used as elements of [biodiesel](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) but this [practice](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) has actually been extensively challenged since it encourages deforestation.
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So for the last years approximately, the usage of used cooking oil has actually broadened enormously as an alternative feedstock for fuel.
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Chip fat and other [waste oils](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) have become an essential element of biodiesel with an effective market emerging throughout Europe to collect and process the product.
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But with the quantity of biodiesel made from UCO increasing by around 40% every year since 2014, there simply isn't adequate chip fat to walk around.
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According to a report from the campaign group Transport & Environment, external, more than half of the UCO used in Europe is imported.
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Their study recommends this is highly bothersome when it comes to influence on the environment.
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While UCO is thought about a waste product in the UK, in China, Indonesia and [Malaysia](https://forest500.org/rankings/companies/mission-newenergy-limited) it has actually long been utilized to . The report raises the concern of what people in these nations are replacing the UCO with, when it is exported.
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In 2019, [Malaysia exported](https://stocktwits.com/symbol/MNEL) 90 million litres of UCO to the UK and Ireland. Figures for their exports to other European countries aren't offered but the [circulation](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) of UCO is likely to be comparable.
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With a [population](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) of around 33 million, that's close to three litres per head of used oil that's collected 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 5 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 previously utilizing it for," stated Greg Archer with Transport & Environment.
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"And they're just buying more virgin oil and that virgin oil is largely palm oil, because that's the most affordable oil offered.
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"So indirectly, we're simply encouraging more logging in Southeast Asia."
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Another significant problem with UCO is the suspicion of fraud.
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Because of need from Europe, the rate of UCO is often greater than palm oil. The concern is that some unethical traders are just diluting shipments 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 fraud anywhere along the chain of supply is turned down 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 suppress unsound market practices in [biofuel](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) markets," said Angel Alberdi, EWABA's secretary general.
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He says a brand-new database being established by the EU will guarantee that trading, accreditation and sustainability information on all bio-liquids will need to be signed up.
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"The combination of [revised accreditation](https://www.businessnews.com.au/Company/Mission-NewEnergy) schemes and the pan-EU track and trace database will guarantee that no [sustainability issues](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) arise in the entire [biofuels](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) and [bio-liquids supply](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) chain," he told BBC News.
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Others in the field are worried that the database concept, which was very first mooted in 2018, may not be effective in stemming suspected fraud.
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The report from Transport & Environment explains that with shipping and aviation looking to decarbonise by utilizing biofuels, demand for UCO could double over the next years.
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"Rising the demand beyond [sustainable supply](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) levels would increase these concerns, and risks of using 'fake' UCO, potentially leading to 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 agreement
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Climate
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