From 5ca5eb4c1de4b9067598a69565ffaa1928f0eef8 Mon Sep 17 00:00:00 2001 From: Hollis Kahle Date: Sat, 18 Jan 2025 18:45:06 +0800 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..01302f3 --- /dev/null +++ b/Climate-Change%3A-Growing-Doubts-Over-Chip-Fat-Biofuel.md @@ -0,0 +1,43 @@ +
Climate modification: Growing doubts over chip fat [biofuel](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm)
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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 effect of rising imports of used cooking 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.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) it saves carbon emissions by [displacing fossil](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) oil.
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But such is the demand throughout Europe that imports now account for [majority](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) of the UCO that's made into fuel.
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According to the research study, external, there's no method to prove these imports are sustainable.
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Without any [screening](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) of what's coming in, professionals think it is likewise ripe for scams.
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Used cooking oil [imports](https://pitchbook.com/profiles/company/51278-86) may improve deforestation
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[Consumers posture](https://www.businessnews.com.au/Company/Mission-NewEnergy) 'growing threat' to tropical forests
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Reducing emissions from transport is [proving](https://www.bloomberg.com/profile/company/MNELF:US) to be among the hardest difficulties for federal governments all over the world.
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They've encouraged using biofuels as an important methods of curbing carbon from vehicles and [lorries](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd).
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Biofuels are normally a mix of [fossil fuel](https://forest500.org/rankings/companies/mission-newenergy-limited) and oil made from plants or [vegetables](https://stocktwits.com/symbol/MNEL).
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The fact that these crops can be re-grown and soak up more CO2 suggests they cancel out the carbon given off when utilized in engines.
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Soy and palm oil were as soon as extensively used as parts of [biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) but this practice has actually been extensively rejected because it encourages deforestation.
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So for the last years approximately, making use of utilized cooking oil has broadened enormously as an alternative [feedstock](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) for fuel.
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Chip fat and other waste oils have actually ended up being a crucial part of [biodiesel](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) with a reliable market emerging across Europe to gather and [process](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) the item.
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But with the amount of biodiesel made from UCO increasing by around 40% every year considering that 2014, there just isn't adequate chip fat to walk around.
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According to a report from the campaign group Transport & Environment, external, majority of the UCO utilized in Europe is imported.
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Their research study recommends this is highly problematic when it pertains to impacts on the [environment](https://www.bloomberg.com/profile/company/MNELF:US).
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While UCO is thought about a waste material in the UK, in China, Indonesia and Malaysia it has long been utilized to feed animals. The report raises the question of what individuals in these [countries](https://www.businessnews.com.au/Company/Mission-NewEnergy) are [replacing](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) 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](https://stocktwits.com/symbol/MNEL) for their exports to other European countries 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 three litres per head of utilized oil that's gathered 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 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 important things that they were formerly utilizing it for," stated Greg Archer with Transport & Environment.
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"And they're just purchasing more virgin oil and that virgin oil is mostly palm oil, since that's the most inexpensive oil offered.
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"So indirectly, we're simply encouraging more deforestation in Southeast Asia."
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Another major problem with UCO is the suspicion of scams.
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Because of demand from Europe, the price of UCO is often greater than palm oil. The worry is that some unscrupulous traders are simply diluting shipments of UCO with palm.
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As oils of various types are blended in bulk for transport, and no testing of the materials is carried out, some experts believe scams is swarming.
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The idea 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 certification schemes in place.
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"It is extensively understood that the European Commission has actually taken pertinent steps to entirely suppress unsound market practices in [biofuel](https://stocktwits.com/symbol/MNEL) markets," said Angel Alberdi, EWABA's secretary general.
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He states a new database being established by the EU will ensure that trading, certification and sustainability information on all bio-liquids will have to be registered.
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"The mix of revised accreditation plans and the pan-EU track and trace database will ensure that no sustainability issues develop in the whole biofuels and [bio-liquids supply](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) chain," he informed BBC News.
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Others in the field are worried that the database idea, which was very first mooted in 2018, may not be efficient in stemming thought scams.
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The report from Transport & Environment points out that with shipping and air travel wanting to decarbonise by utilizing biofuels, demand for UCO might double over the next years.
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"Rising the demand beyond sustainable supply levels would these issues, and dangers of using 'phony' UCO, possibly causing indirect effects such as logging."
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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 arrangement
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Climate
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