From 1d12ce52af5ebca97e9f98140dcf1e849edcdcdf Mon Sep 17 00:00:00 2001 From: Gary Fredricksen Date: Sun, 12 Jan 2025 00:48:09 +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..32762a3 --- /dev/null +++ b/Climate-Change%3A-Growing-Doubts-Over-Chip-Fat-Biofuel.md @@ -0,0 +1,43 @@ +
Climate change: [Growing doubts](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) over chip fat [biofuel](https://stocktwits.com/symbol/MNEL)
+
21 April 2021
+
comments
+
354 Comments
+
New research study concerns the environmental impact of increasing imports of [utilized cooking](https://www.businessnews.com.au/Company/Mission-NewEnergy) oil (UCO) into the UK and Europe.
+
[Chip fat](https://www.google.com/search?kgmid=/m/0cqd_rb) and other oils are thought about waste, so when they are utilized to make [biodiesel](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) it saves carbon [emissions](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) by [displacing fossil](https://www.google.com/search?kgmid=/m/0cqd_rb) oil.
+
But such is the demand across Europe that imports now for majority of the UCO that's made into fuel.
+
According to the research study, external, there's no way to prove these imports are sustainable.
+
Without any testing of what's can be found in, experts think it is also ripe for scams.
+
Used cooking oil imports might increase logging
+
Consumers posture 'growing hazard' to tropical forests
+
Reducing emissions from transport is showing to be among the [toughest challenges](https://www.zoominfo.com/c/mission-newenergy/346542889) for federal governments all over the world.
+
They've motivated making use of biofuels as a crucial ways of curbing carbon from vehicles and lorries.
+
Biofuels are usually a blend of fossil fuel and oil made from plants or veggies.
+
The reality that these crops can be re-grown and take in more CO2 implies they counteract the [carbon discharged](https://www.zoominfo.com/c/mission-newenergy/346542889) when [utilized](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) in engines.
+
Soy and palm oil were once commonly used as parts of [biodiesel](https://www.zoominfo.com/c/mission-newenergy/346542889) but this practice has been commonly challenged since it encourages deforestation.
+
So for the last years approximately, using used cooking oil has actually expanded enormously as an alternative feedstock for fuel.
+
Chip fat and other waste oils have actually become a key element of biodiesel with an effective industry springing up throughout Europe to collect and process the [product](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608).
+
But with the quantity of [biodiesel](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) made from UCO increasing by around 40% every year because 2014, there just isn't enough chip fat to go around.
+
According to a report from the campaign group Transport & Environment, external, more than half of the UCO used in Europe is imported.
+
Their study suggests this is extremely troublesome when it comes to [influence](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) on the [environment](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).
+
While UCO is considered a waste product in the UK, in China, Indonesia and Malaysia it has long been utilized to [feed animals](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/). The report raises the question of what people in these nations are changing the UCO with, when it is [exported](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).
+
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 but the [circulation](https://pitchbook.com/profiles/company/51278-86) of UCO is most likely to be similar.
+
With a [population](https://www.zoominfo.com/c/mission-newenergy/346542889) of around 33 million, that's close to three litres per head of used oil that's gathered and exported to the UK and Ireland alone.
+
By contrast, Thailand, which has a population of 70 million individuals, managed to collect around 5 million litres of UCO in 2019.
+
"Because we are purchasing it, they have less utilized cooking oil to use on the important things that they were previously utilizing it for," stated Greg Archer with Transport & Environment.
+
"And they're just purchasing more virgin oil and that virgin oil is mainly palm oil, since that's the most inexpensive oil offered.
+
"So indirectly, we're just motivating more deforestation in Southeast Asia."
+
Another major problem with UCO is the suspicion of scams.
+
Because of demand from Europe, the price of UCO is often higher than palm oil. The concern is that some unscrupulous traders are simply diluting deliveries of UCO with palm.
+
As oils of various types are blended in bulk for transportation, and no screening of the materials is brought out, some experts believe fraud is rife.
+
The tip of fraud anywhere along the chain of supply is declined by the European Waste-to-Advanced Biofuels Association (EWABA), who say there are robust certification schemes in location.
+
"It is widely known that the European Commission has actually taken appropriate actions to entirely curb unsound market practices in [biofuel](https://www.pinterest.com.au/missionnewenergy/) markets," said Angel Alberdi, EWABA's secretary general.
+
He says a brand-new database being established by the EU will ensure that trading, certification and sustainability data on all bio-liquids will have to be signed up.
+
"The [combination](https://www.businessnews.com.au/Company/Mission-NewEnergy) of modified certification plans and the pan-EU track and trace database will make sure that no sustainability problems develop in the entire biofuels and bio-liquids supply chain," he told BBC News.
+
Others in the field are concerned that the database idea, which was first mooted in 2018, may not be effective in stemming presumed scams.
+
The report from Transport & Environment explains that with shipping and air travel seeking to decarbonise by using biofuels, demand for UCO might double over the next years.
+
"Rising the need beyond sustainable supply levels would increase these concerns, and dangers of using 'fake' UCO, possibly causing indirect impacts such as deforestation."
+
Follow Matt on Twitter @mattmcgrathbbc, external.
+
Related topics
+
COP26
+
Paris environment contract
+
Climate
\ No newline at end of file