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<br>Climate change: Growing doubts over chip fat [biofuel](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/)<br>
<br>21 April 2021<br>
<br>comments<br>
<br>354 Comments<br>
<br>New research concerns the environmental impact of rising imports of used cooking oil (UCO) into the UK and Europe.<br>
<br>Chip fat and other oils are considered waste, so when they are used to make [biodiesel](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) it saves carbon emissions by [displacing fossil](https://www.businessnews.com.au/Company/Mission-NewEnergy) oil.<br>
<br>But such is the need across Europe that imports now account for [majority](https://stocktwits.com/symbol/MNEL) of the UCO that's made into fuel.<br>
<br>According to the study, external, there's no other way to prove these imports are sustainable.<br>
<br>Without any testing of what's coming in, [professionals](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) believe it is also ripe for scams.<br>
<br>Used cooking oil [imports](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) might boost deforestation<br>
<br>Consumers pose 'growing [danger'](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) to tropical forests<br>
<br>Reducing emissions from transport is proving to be among the toughest challenges for governments all over the world.<br>
<br>They've encouraged using biofuels as an important methods of curbing carbon from automobiles and trucks.<br>
<br>Biofuels are typically a mix of nonrenewable fuel source and oil made from plants or [vegetables](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price).<br>
<br>The reality that these crops can be re-grown and soak up more CO2 indicates they cancel out the carbon produced when utilized in .<br>
<br>Soy and [palm oil](https://www.bloomberg.com/profile/company/MNELF:US) were once commonly used as elements of [biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) but this practice has actually been commonly challenged because it encourages logging.<br>
<br>So for the last decade or so, the usage of used cooking oil has expanded massively as an alternative feedstock for fuel.<br>
<br>[Chip fat](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) and other waste oils have actually ended up being an [essential element](https://www.pinterest.com.au/missionnewenergy/) of [biodiesel](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) with a reliable market [springing](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) up throughout Europe to gather and process the item.<br>
<br>But with the quantity of [biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) made from UCO increasing by around 40% every year since 2014, there merely isn't sufficient chip fat to go around.<br>
<br>According to a report from the campaign group Transport & Environment, external, over half of the UCO utilized in Europe is imported.<br>
<br>Their research study suggests this is highly troublesome when it concerns effect on the environment.<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 concern of what individuals in these countries are changing the UCO with, when it is exported.<br>
<br>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 most likely to be similar.<br>
<br>With a [population](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) of around 33 million, that's close to three litres per head of utilized oil that's [gathered](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) and exported to the UK and [Ireland](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) alone.<br>
<br>By comparison, Thailand, which has a population of 70 million individuals, managed to collect around five million litres of UCO in 2019.<br>
<br>"Because we are buying it, they have actually less utilized cooking oil to utilize on the things that they were previously using it for," said Greg Archer with Transport & Environment.<br>
<br>"And they're simply purchasing more virgin oil which virgin oil is mostly palm oil, since that's the least expensive oil readily available.<br>
<br>"So indirectly, we're just motivating more logging in Southeast Asia."<br>
<br>Another significant issue with UCO is the suspicion of scams.<br>
<br>Because of demand from Europe, the cost of UCO is often greater than palm oil. The worry is that some deceitful traders are simply watering down deliveries of UCO with palm.<br>
<br>As oils of various types are blended in bulk for transportation, and no screening of the products is carried out, some professionals think fraud is swarming.<br>
<br>The tip of fraud anywhere along the chain of supply is rejected by the European Waste-to-Advanced Biofuels Association (EWABA), who say there are robust accreditation schemes in place.<br>
<br>"It is widely understood that the European Commission has actually taken appropriate actions to completely curb unsound market practices in [biofuel](https://stocktwits.com/symbol/MNEL) 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 data on all bio-liquids will need to be signed up.<br>
<br>"The mix of revised certification plans and the pan-EU track and trace database will make sure that no sustainability concerns emerge in the entire biofuels and bio-liquids supply chain," he informed BBC News.<br>
<br>Others in the field are worried that the database idea, which was very first mooted in 2018, may not work in stemming believed scams.<br>
<br>The report from Transport & Environment mentions that with shipping and air travel wanting to decarbonise by utilizing biofuels, need for UCO could double over the next years.<br>
<br>"Rising the demand beyond [sustainable supply](https://pitchbook.com/profiles/company/51278-86) levels would increase these issues, and dangers of [utilizing 'phony'](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) UCO, potentially causing indirect effects such as logging."<br>
<br>Follow Matt on Twitter @mattmcgrathbbc, external.<br>
<br>Related subjects<br>
<br>COP26<br>
<br>Paris environment arrangement<br>
<br>Climate<br>