From 291636cc155381882533f78c6b7d8b3a21ac3567 Mon Sep 17 00:00:00 2001 From: Rashad Barrios Date: Sat, 18 Jan 2025 01:13:18 +0000 Subject: [PATCH] Update '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..aad966b --- /dev/null +++ b/Climate-Change%3A-Growing-Doubts-Over-Chip-Fat-Biofuel.md @@ -0,0 +1,43 @@ +
Climate change: Growing doubts over chip fat [biofuel](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html)
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21 April 2021
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comments
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354 Comments
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New research concerns the ecological effect of rising imports of [utilized cooking](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) oil (UCO) into the UK and Europe.
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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 saves carbon [emissions](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) by [displacing fossil](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) oil.
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But such is the demand across Europe that [imports](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) now [represent](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) over half of the UCO that's made into fuel.
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According to the research study, external, there's no chance to show these imports are sustainable.
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With no testing of what's can be found in, specialists think it is also ripe for fraud.
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Used cooking oil imports might increase logging
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Consumers position 'growing hazard' to tropical forests
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Reducing emissions from transport is [proving](https://www.bloomberg.com/profile/company/MNELF:US) to be one of the most difficult difficulties for federal governments all over the world.
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They've encouraged making use of biofuels as an essential means of curbing carbon from cars and trucks.
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Biofuels are typically a mix of [nonrenewable fuel](https://www.google.com/search?kgmid=/m/0cqd_rb) source and oil made from plants or [veggies](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053).
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The reality that these crops can be re-grown and take in more CO2 means they cancel out the carbon produced when used in [engines](https://www.crunchbase.com/organization/mission-newenergy).
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Soy and palm oil were as soon as commonly utilized as parts of [biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) however this practice has been widely rejected because it encourages deforestation.
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So for the last years approximately, the usage of [utilized cooking](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) oil has broadened massively as an alternative feedstock for fuel.
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Chip fat and other waste oils have actually become a crucial element of [biodiesel](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) with a reliable market springing up across Europe to gather and process the item.
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But with the amount of [biodiesel](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) made from UCO increasing by around 40% every year because 2014, there just isn't fat to walk around.
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According to a report from the project group Transport & Environment, external, over half of the UCO utilized in Europe is imported.
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Their study recommends this is highly bothersome when it pertains to effects on the environment.
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While UCO is considered a [waste product](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) in the UK, in China, Indonesia and Malaysia it has actually long been used to feed animals. The report raises the [concern](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) of what individuals in these nations are replacing the UCO with, when it is exported.
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In 2019, Malaysia exported 90 million litres of UCO to the UK and Ireland. Figures for their exports to other European nations aren't offered but the flow of UCO is most likely to be similar.
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With a [population](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) of around 33 million, that's close to three litres per head of utilized oil that's collected and exported to the UK and Ireland alone.
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By comparison, Thailand, which has a population of 70 million people, handled to collect around 5 million litres of UCO in 2019.
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"Because we are buying it, they have actually less utilized cooking oil to use on the things that they were previously using it for," stated Greg Archer with Transport & Environment.
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"And they're simply purchasing more virgin oil which virgin oil is largely palm oil, because that's the most affordable oil offered.
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"So indirectly, we're just motivating more logging in Southeast Asia."
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Another major issue with UCO is the suspicion of fraud.
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Because of need from Europe, the rate of UCO is typically greater than palm oil. The worry is that some dishonest traders are merely diluting shipments of UCO with palm.
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As oils of various types are mixed in bulk for transportation, and no testing of the products is performed, some specialists think fraud is rife.
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The idea of scams anywhere along the chain of supply is turned down by the European Waste-to-Advanced Biofuels Association (EWABA), who say there are robust accreditation schemes in place.
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"It is commonly understood that the European Commission has taken pertinent actions to totally curb unsound market practices in [biofuel](https://stocktwits.com/symbol/MNEL) markets," said Angel Alberdi, EWABA's secretary general.
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He says a brand-new database being established by the EU will ensure that trading, certification and sustainability data on all bio-liquids will need to be registered.
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"The combination of modified accreditation plans and the pan-EU track and trace [database](https://forest500.org/rankings/companies/mission-newenergy-limited) will make sure that no [sustainability](https://www.zoominfo.com/c/mission-newenergy/346542889) problems arise in the entire biofuels and bio-liquids supply chain," he told BBC News.
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Others in the field are worried that the database idea, which was first mooted in 2018, may not work in stemming believed fraud.
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The report from Transport & Environment mentions that with shipping and aviation aiming to decarbonise by utilizing biofuels, demand for UCO could double over the next decade.
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"Rising the need beyond sustainable supply levels would increase these issues, and risks of using 'fake' UCO, potentially leading to indirect effects 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 agreement
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Climate
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