commit 3b71a596488fd8dbdaefd652b8724d723df71954 Author: dorrisr8949595 Date: Sun Jan 12 08:03:42 2025 +0800 Add Climate Change: Growing Doubts Over Chip Fat Biofuel 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..6d22b82 --- /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.businessnews.com.au/Company/Mission-NewEnergy)
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21 April 2021
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remarks
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354 Comments
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New research questions the environmental impact of [rising imports](https://www.bloomberg.com/profile/company/MNELF:US) of utilized [cooking oil](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) (UCO) into the UK and Europe.
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[Chip fat](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) and other oils are thought about waste, so when they are used to make [biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) it conserves carbon emissions by displacing fossil oil.
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But such is the need throughout Europe that imports now account for majority of the UCO that's made into fuel.
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According to the study, external, there's no other way to prove these imports are sustainable.
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With no screening of what's being available in, professionals believe it is likewise ripe for scams.
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Used cooking oil imports might boost deforestation
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Consumers pose 'growing danger' to tropical forests
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Reducing emissions from transportation is showing to be one of the toughest challenges for governments all over the world.
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They have actually encouraged making use of biofuels as a crucial methods of suppressing carbon from cars and trucks and trucks.
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[Biofuels](https://stocktwits.com/symbol/MNEL) are generally a mix of nonrenewable fuel source and oil made from plants or [vegetables](https://www.investing.com/equities/mission-newenergy-ltd-company-profile).
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The fact that these crops can be re-grown and soak up more CO2 indicates they counteract the carbon emitted when used in engines.
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Soy and palm oil were as soon as [commonly](https://www.pinterest.com.au/missionnewenergy/) utilized as components of [biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) but this practice has actually been widely [discredited](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) due to the fact that it motivates logging.
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So for the last decade approximately, making use of used cooking oil has expanded massively as an alternative feedstock for fuel.
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Chip fat and other waste oils have become an [essential](https://www.google.com/search?kgmid=/m/0cqd_rb) part of [biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) 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.crunchbase.com/organization/mission-newenergy) made from UCO increasing by around 40% every year since 2014, there merely isn't adequate chip fat to go 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](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/).
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Their study recommends this is [highly bothersome](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) when it concerns influence on the environment.
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While UCO is thought about a waste material in the UK, in China, Indonesia and [Malaysia](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) it has long been used to feed animals. The report raises the concern of what individuals in these nations are changing 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 countries](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) aren't offered but the circulation of UCO is most likely to be comparable.
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With a population of around 33 million, that's close to 3 litres per head of utilized oil that's collected and exported to the UK and Ireland alone.
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By contrast, Thailand, which has a population of 70 million individuals, handled to [collect](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) around five million litres of UCO in 2019.
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"Because we are purchasing it, they have less used cooking oil to utilize on the important things that they were formerly utilizing it for," stated Greg Archer with Transport & Environment.
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"And they're just buying more virgin oil and that virgin oil is largely palm oil, because that's the most affordable oil readily available.
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"So indirectly, we're simply motivating more [logging](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 Southeast Asia."
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Another significant problem with UCO is the suspicion of fraud.
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Because of need from Europe, the price of UCO is frequently higher than palm oil. The concern is that some dishonest traders are merely diluting deliveries of UCO with palm.
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As oils of different types are mixed in bulk for transport, and no testing of the products is brought out, some professionals believe fraud is swarming.
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The suggestion of fraud anywhere along the chain of supply is turned down by the European Waste-to-Advanced Biofuels Association (EWABA), who say there are robust accreditation plans in location.
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"It is widely understood that the European Commission has actually taken relevant steps to entirely suppress [unsound market](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) practices in [biofuel](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) markets," stated Angel Alberdi, EWABA's secretary general.
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He says a new database being developed by the EU will guarantee that trading, certification and sustainability information on all bio-liquids will have to be signed up.
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"The mix of revised accreditation schemes and the pan-EU track and trace database will guarantee that no sustainability concerns develop in the entire biofuels and bio-liquids supply chain," he told BBC News.
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Others in the field are concerned that the database concept, which was first mooted in 2018, might not work in stemming presumed fraud.
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The report from Transport & Environment points out that with shipping and aviation wanting to decarbonise by utilizing biofuels, demand for UCO could double over the next years.
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"Rising the need beyond sustainable supply levels would increase these issues, and dangers of UCO, possibly resulting in indirect effects such as deforestation."
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Follow Matt on Twitter @mattmcgrathbbc, external.
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Related topics
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COP26
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Paris climate contract
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Climate
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