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<br>Climate modification: Growing doubts over chip fat [biofuel](https://stocktwits.com/symbol/MNEL)<br>
<br>21 April 2021<br>
<br>comments<br>
<br>354 Comments<br>
<br>New research concerns the environmental impact of rising imports of [utilized cooking](https://www.pinterest.com.au/missionnewenergy/) 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.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) it conserves carbon emissions by displacing fossil oil.<br>
<br>But such is the demand throughout Europe that imports now [represent](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) more than half of the UCO that's made into fuel.<br>
<br>According to the study, external, there's no method to prove these imports are sustainable.<br>
<br>With no screening of what's being available in, professionals think it is also ripe for scams.<br>
<br>Used cooking oil imports might improve deforestation<br>
<br>Consumers posture 'growing threat' to tropical forests<br>
<br>[Reducing emissions](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) from transport is showing to be one of the most difficult challenges for federal governments all over the world.<br>
<br>They have actually encouraged making use of biofuels as an important [methods](https://www.businessnews.com.au/Company/Mission-NewEnergy) of curbing carbon from automobiles and trucks.<br>
<br>Biofuels are typically a blend of [nonrenewable fuel](https://forest500.org/rankings/companies/mission-newenergy-limited) source and oil made from plants or .<br>
<br>The fact that these crops can be [re-grown](https://www.crunchbase.com/organization/mission-newenergy) and soak up more CO2 indicates they counteract the carbon emitted when utilized in engines.<br>
<br>Soy and palm oil were once commonly utilized as components of biodiesel however this practice has been commonly rejected since it encourages logging.<br>
<br>So for the last years approximately, using used cooking oil has broadened enormously as an alternative feedstock for fuel.<br>
<br>[Chip fat](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) and other waste oils have actually become a key component of [biodiesel](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) with a reliable industry springing up across Europe to gather and process the item.<br>
<br>But with the quantity of [biodiesel](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) made from UCO increasing by around 40% every year because 2014, there just isn't adequate chip fat to go around.<br>
<br>According to a report from the project group Transport & Environment, external, over half of the UCO used in Europe is imported.<br>
<br>Their study suggests this is extremely troublesome when it pertains to effect on the [environment](https://forest500.org/rankings/companies/mission-newenergy-limited).<br>
<br>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 [question](https://www.google.com/search?kgmid=/m/0cqd_rb) of what people in these nations are changing the UCO with, when it is exported.<br>
<br>In 2019, [Malaysia exported](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) 90 million litres of UCO to the UK and Ireland. Figures for their exports to other European nations aren't offered but the [circulation](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) of UCO is likely to be comparable.<br>
<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](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) alone.<br>
<br>By comparison, Thailand, which has a population of 70 million individuals, handled to [collect](https://www.businessnews.com.au/Company/Mission-NewEnergy) around 5 million litres of UCO in 2019.<br>
<br>"Because we are buying it, they have less used cooking oil to use on the things that they were previously utilizing it for," said Greg Archer with Transport & Environment.<br>
<br>"And they're simply purchasing more virgin oil which virgin oil is largely palm oil, because that's the most affordable oil available.<br>
<br>"So indirectly, we're just motivating more deforestation in Southeast Asia."<br>
<br>Another major issue with UCO is the suspicion of scams.<br>
<br>Because of need from Europe, the cost of UCO is often higher than palm oil. The concern is that some unscrupulous traders are simply watering down deliveries of UCO with palm.<br>
<br>As oils of different types are mixed in bulk for transportation, and no screening of the materials is performed, some specialists think fraud is swarming.<br>
<br>The recommendation of scams anywhere along the chain of supply is rejected by the European Waste-to-Advanced Biofuels Association (EWABA), who state there are robust certification plans in location.<br>
<br>"It is widely known that the European Commission has taken appropriate steps to entirely [curb unsound](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) market practices in [biofuel](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) markets," said Angel Alberdi, EWABA's secretary general.<br>
<br>He says a brand-new database being established by the EU will make sure that trading, accreditation and sustainability information on all bio-liquids will have to be signed up.<br>
<br>"The [combination](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) of modified certification schemes and the pan-EU track and trace database will make sure that no sustainability problems emerge in the entire biofuels and bio-liquids supply chain," he told BBC News.<br>
<br>Others in the field are concerned that the database concept, which was very first mooted in 2018, might not be efficient in stemming believed scams.<br>
<br>The report from Transport & Environment mentions that with shipping and air travel aiming to decarbonise by utilizing biofuels, demand for UCO might double over the next decade.<br>
<br>"Rising the need beyond [sustainable supply](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) levels would increase these concerns, and risks of using 'phony' UCO, possibly causing indirect effects such as logging."<br>
<br>Follow Matt on Twitter @mattmcgrathbbc, external.<br>
<br>Related topics<br>
<br>COP26<br>
<br>Paris environment contract<br>
<br>Climate<br>