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<br>Climate change: [https://www.businessnews.com.au/Company/Mission-NewEnergy Growing doubts] over chip fat [https://www.businessnews.com.au/Company/Mission-NewEnergy biofuel]<br><br><br>21 April 2021<br><br><br>remarks<br><br><br>354 Comments<br><br><br>New research questions the ecological effect of rising imports of utilized [https://www.crunchbase.com/organization/mission-newenergy cooking oil] (UCO) into the UK and Europe.<br><br><br>[https://www.bloomberg.com/profile/company/MNELF:US Chip fat] and other oils are thought about waste, so when they are used to make [https://www.google.com/search?kgmid=/m/0cqd_rb biodiesel] it conserves carbon emissions by displacing fossil oil.<br><br><br>But such is the need throughout Europe that imports now account for majority of the UCO that's made into fuel.<br><br><br>According to the study, external, there's no way to show these imports are sustainable.<br><br><br>With no testing of what's being available in, [https://pitchbook.com/profiles/company/51278-86 experts] believe it is also ripe for scams.<br><br><br>Used cooking oil imports might increase logging<br><br><br>[https://stocktwits.com/symbol/MNEL Consumers posture] 'growing danger' to tropical forests<br><br><br>Reducing emissions from transport is proving to be among the hardest obstacles for governments all over the world.<br><br><br>They have actually motivated making use of biofuels as a crucial methods of curbing carbon from cars and trucks.<br><br><br>Biofuels are generally a blend of [https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html fossil fuel] and oil made from plants or vegetables.<br><br><br>The reality that these crops can be re-grown and absorb more CO2 indicates they cancel out the carbon produced when used in engines.<br><br><br>Soy and palm oil were once commonly used as parts of biodiesel but this practice has actually been extensively rejected due to the fact that it motivates logging.<br><br><br>So for the last decade approximately, using used cooking oil has expanded massively as an alternative feedstock for fuel.<br><br><br>Chip fat and other waste oils have actually become a crucial part of [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 biodiesel] with an effective industry emerging throughout Europe to collect and process the product.<br><br><br>But with the [https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html quantity] of [https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html biodiesel] made from [https://forest500.org/rankings/companies/mission-newenergy-limited UCO increasing] by around 40% every year because 2014, there just isn't [https://pitchbook.com/profiles/company/51278-86 adequate chip] fat to walk around.<br><br><br>According to a report from the project group Transport & Environment, external, over half of the UCO utilized in Europe is imported.<br><br><br>Their study suggests this is extremely troublesome when it concerns impacts on the environment.<br><br><br>While UCO is thought about a waste product in the UK, in China, Indonesia and Malaysia it has actually long been used to feed animals. The report raises the question of what people in these nations are changing the UCO with, when it is [https://www.crunchbase.com/organization/mission-newenergy exported].<br><br><br>In 2019, [https://forest500.org/rankings/companies/mission-newenergy-limited Malaysia exported] 90 million litres of UCO to the UK and Ireland. Figures for their exports to other  aren't available however the flow of UCO is likely to be similar.<br><br><br>With a [https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608 population] of around 33 million, that's close to 3 litres per head of used oil that's collected and [https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd exported] to the UK and Ireland alone.<br><br><br>By contrast, Thailand, which has a population of 70 million individuals, managed to collect around 5 million litres of UCO in 2019.<br><br><br>"Because we are purchasing it, they have actually less used cooking oil to utilize on the important things that they were formerly utilizing it for," stated Greg Archer with Transport & Environment.<br><br><br>"And they're just buying more virgin oil and that virgin oil is mostly palm oil, because that's the cheapest oil offered.<br><br><br>"So indirectly, we're simply encouraging more deforestation in Southeast Asia."<br><br><br>Another major issue with UCO is the suspicion of fraud.<br><br><br>Because of demand from Europe, the rate of UCO is typically greater than palm oil. The worry is that some dishonest traders are merely watering down deliveries of UCO with palm.<br><br><br>As oils of various types are blended in bulk for transport, and no testing of the products is performed, some specialists believe scams is rife.<br><br><br>The recommendation of fraud anywhere along the chain of supply is declined by the European Waste-to-Advanced Biofuels Association (EWABA), who state there are robust certification schemes in location.<br><br><br>"It is widely understood that the European Commission has actually taken appropriate [https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd actions] to entirely curb unsound market practices in [https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price biofuel] markets," stated Angel Alberdi, EWABA's secretary general.<br><br><br>He states a brand-new database being established by the EU will ensure that trading, certification and sustainability information on all bio-liquids will need to be signed up.<br><br><br>"The combination of revised certification plans and the pan-EU track and trace database will make sure that no sustainability problems arise in the whole [https://pitchbook.com/profiles/company/51278-86 biofuels] and bio-liquids supply chain," he informed BBC News.<br><br><br>Others in the field are worried that the database idea, which was very first mooted in 2018, might not be reliable in stemming believed scams.<br><br><br>The report from Transport & Environment mentions that with shipping and aviation looking to decarbonise by using biofuels, demand for UCO might double over the next decade.<br> <br><br>"Rising the need beyond sustainable supply levels would increase these issues, and dangers of [https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608 utilizing 'phony'] UCO, potentially resulting in indirect impacts such as deforestation."<br><br><br>Follow Matt on Twitter @mattmcgrathbbc, external.<br><br><br>Related topics<br><br><br>COP26<br><br><br>Paris environment contract<br><br><br>Climate<br>
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<br>Climate change: Growing doubts over chip fat [https://stocktwits.com/symbol/MNEL biofuel]<br><br><br>21 April 2021<br><br><br>comments<br><br><br>354 Comments<br><br><br>New research study questions the effect of increasing imports of used [https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm cooking oil] (UCO) into the UK and Europe.<br><br><br>Chip fat and other oils are thought about waste, so when they are used to make [https://www.pinterest.com.au/missionnewenergy/ biodiesel] it saves carbon emissions by displacing fossil oil.<br><br><br>But such is the need throughout Europe that imports now account for over half of the UCO that's made into fuel.<br><br><br>According to the study, external, there's no method to prove these imports are sustainable.<br><br><br>With no testing of what's being available in, [https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/ specialists] think it is also ripe for fraud.<br><br><br>Used cooking oil imports might improve logging<br><br><br>Consumers posture 'growing hazard' to [https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html tropical] forests<br><br><br>Reducing emissions from transport is proving to be one of the most difficult challenges for federal governments all over the world.<br><br><br>They have actually encouraged the usage of biofuels as an important methods of suppressing carbon from automobiles and lorries.<br><br><br>Biofuels are normally a mix of fossil fuel and oil made from plants or vegetables.<br><br><br>The truth that these crops can be re-grown and take in more CO2 suggests they cancel out the carbon emitted when utilized in engines.<br><br><br>Soy and palm oil were once commonly utilized as parts of [https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html biodiesel] however this practice has been commonly discredited due to the fact that it [https://stocktwits.com/symbol/MNEL encourages logging].<br><br><br>So for the last decade approximately, the usage of used cooking oil has actually expanded enormously as an alternative feedstock for fuel.<br><br><br>Chip fat and other waste oils have become an essential element of [https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html biodiesel] with an effective market springing up throughout Europe to gather and process the item.<br><br><br>But with the amount of [https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/ biodiesel] made from UCO increasing by around 40% every year because 2014, there just isn't [https://pitchbook.com/profiles/company/51278-86 sufficient chip] fat to go around.<br><br><br>According to a report from the campaign group Transport & Environment, external, over half of the [https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm UCO utilized] in Europe is imported.<br><br><br>Their research study recommends this is extremely problematic when it comes to influence on the environment.<br><br><br>While UCO is considered a waste product in the UK, in China, Indonesia and Malaysia it has actually long been used to [https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price feed animals]. The report raises the concern of what individuals in these countries are changing the UCO with, when it is exported.<br><br><br>In 2019, [https://www.bloomberg.com/profile/company/MNELF:US Malaysia exported] 90 million litres of UCO to the UK and Ireland. [https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/ Figures] for their [https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608 exports] to other [https://pitchbook.com/profiles/company/51278-86 European nations] aren't available however the flow of UCO is likely to be similar.<br><br><br>With a population of around 33 million, that's close to 3 litres per head of used oil that's collected and [https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608 exported] to the UK and Ireland alone.<br><br><br>By contrast, Thailand, which has a population of 70 million people, managed to [https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm collect] around five million litres of UCO in 2019.<br><br><br>"Because we are purchasing it, they have actually less used cooking oil to utilize on the things that they were previously using it for," said Greg Archer with Transport & Environment.<br><br><br>"And they're just buying more virgin oil which virgin oil is mostly palm oil, since that's the most affordable oil offered.<br><br><br>"So indirectly, we're just encouraging more deforestation in Southeast Asia."<br><br><br>Another significant issue with UCO is the suspicion of scams.<br><br><br>Because of demand from Europe, the price of UCO is often higher than palm oil. The concern is that some unscrupulous traders are merely watering down deliveries of UCO with palm.<br><br><br>As oils of different types are mixed in bulk for transport, and no testing of the materials is performed, some experts believe fraud is rife.<br><br><br>The recommendation of fraud anywhere along the chain of supply is declined by the European Waste-to-Advanced Biofuels Association (EWABA), who state there are robust accreditation schemes in location.<br><br><br>"It is extensively known that the [https://forest500.org/rankings/companies/mission-newenergy-limited European Commission] has taken pertinent steps to totally curb unsound market practices in [https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/ biofuel] markets," said Angel Alberdi, EWABA's secretary general.<br><br><br>He says a brand-new database being developed by the EU will ensure that trading, certification and sustainability data on all bio-liquids will need to be registered.<br><br><br>"The mix of revised certification plans and the pan-EU track and trace database will make sure that no sustainability concerns occur in the entire [https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd biofuels] and bio-liquids supply chain," he told BBC News.<br><br><br>Others in the field are worried that the database idea, which was very first mooted in 2018, may not be efficient in stemming believed fraud.<br><br><br>The report from Transport & Environment explains that with shipping and aviation aiming to decarbonise by utilizing biofuels, need for UCO might double over the next years.<br><br><br>"Rising the demand beyond sustainable supply levels would increase these issues, and dangers of utilizing 'phony' UCO, possibly resulting in indirect effects such as logging."<br><br><br>Follow Matt on Twitter @mattmcgrathbbc, external.<br><br><br>Related subjects<br><br><br>COP26<br><br><br>Paris environment contract<br><br><br>Climate<br>

Verse z 11. 1. 2025, 07:00


Climate change: Growing doubts over chip fat biofuel


21 April 2021


comments


354 Comments


New research study questions the effect of increasing imports of used cooking oil (UCO) into the UK and Europe.


Chip fat and other oils are thought about waste, so when they are used to make biodiesel it saves carbon emissions by displacing fossil oil.


But such is the need throughout Europe that imports now account for over half of the UCO that's made into fuel.


According to the study, external, there's no method to prove these imports are sustainable.


With no testing of what's being available in, specialists think it is also ripe for fraud.


Used cooking oil imports might improve logging


Consumers posture 'growing hazard' to tropical forests


Reducing emissions from transport is proving to be one of the most difficult challenges for federal governments all over the world.


They have actually encouraged the usage of biofuels as an important methods of suppressing carbon from automobiles and lorries.


Biofuels are normally a mix of fossil fuel and oil made from plants or vegetables.


The truth that these crops can be re-grown and take in more CO2 suggests they cancel out the carbon emitted when utilized in engines.


Soy and palm oil were once commonly utilized as parts of biodiesel however this practice has been commonly discredited due to the fact that it encourages logging.


So for the last decade approximately, the usage of used cooking oil has actually expanded enormously as an alternative feedstock for fuel.


Chip fat and other waste oils have become an essential element of biodiesel with an effective market springing up throughout Europe to gather and process the item.


But with the amount of biodiesel made from UCO increasing by around 40% every year because 2014, there just isn't sufficient chip fat to go around.


According to a report from the campaign group Transport & Environment, external, over half of the UCO utilized in Europe is imported.


Their research study recommends this is extremely problematic when it comes to influence on the environment.


While UCO is considered a waste product in the UK, in China, Indonesia and Malaysia it has actually long been used to feed animals. The report raises the concern of what individuals in these countries are changing the UCO with, when it is exported.


In 2019, Malaysia exported 90 million litres of UCO to the UK and Ireland. Figures for their exports to other European nations aren't available however the flow of UCO is likely to be similar.


With a population of around 33 million, that's close to 3 litres per head of used oil that's collected and exported to the UK and Ireland alone.


By contrast, Thailand, which has a population of 70 million people, managed to collect around five million litres of UCO in 2019.


"Because we are purchasing it, they have actually less used cooking oil to utilize on the things that they were previously using it for," said Greg Archer with Transport & Environment.


"And they're just buying more virgin oil which virgin oil is mostly palm oil, since that's the most affordable oil offered.


"So indirectly, we're just encouraging more deforestation in Southeast Asia."


Another significant issue 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 merely watering down deliveries of UCO with palm.


As oils of different types are mixed in bulk for transport, and no testing of the materials is performed, some experts believe fraud is rife.


The recommendation of fraud anywhere along the chain of supply is declined by the European Waste-to-Advanced Biofuels Association (EWABA), who state there are robust accreditation schemes in location.


"It is extensively known that the European Commission has taken pertinent steps to totally curb unsound market practices in biofuel markets," said Angel Alberdi, EWABA's secretary general.


He says a brand-new database being developed by the EU will ensure that trading, certification and sustainability data on all bio-liquids will need to be registered.


"The mix of revised certification plans and the pan-EU track and trace database will make sure that no sustainability concerns occur in the entire biofuels and bio-liquids supply chain," he told BBC News.


Others in the field are worried that the database idea, which was very first mooted in 2018, may not be efficient in stemming believed fraud.


The report from Transport & Environment explains that with shipping and aviation aiming to decarbonise by utilizing biofuels, need for UCO might double over the next years.


"Rising the demand beyond sustainable supply levels would increase these issues, and dangers of utilizing 'phony' UCO, possibly resulting in indirect effects such as logging."


Follow Matt on Twitter @mattmcgrathbbc, external.


Related subjects


COP26


Paris environment contract


Climate