From aab4aa26790d0490e6dd6ad5c47bf0e368259afc Mon Sep 17 00:00:00 2001 From: Harley Hofmann Date: Sat, 18 Jan 2025 11:49:08 +0000 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..ce909ba --- /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.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/)
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21 April 2021
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remarks
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354 Comments
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New research study questions the ecological effect of increasing imports of [utilized cooking](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 (UCO) into the UK and Europe.
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Chip fat and other oils are considered 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 [saves carbon](https://www.crunchbase.com/organization/mission-newenergy) emissions by displacing fossil oil.
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But such is the demand across Europe that imports now [account](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) for more than half of the UCO that's made into fuel.
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According to the research study, external, there's no other way to prove these imports are [sustainable](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm).
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With no testing of what's can be found in, professionals believe it is likewise ripe for fraud.
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Used cooking oil imports may [increase](https://stocktwits.com/symbol/MNEL) logging
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Consumers pose 'growing threat' to tropical forests
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Reducing emissions from transportation is showing to be among the toughest difficulties for [federal](https://www.bloomberg.com/profile/company/MNELF:US) [governments](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) all over the world.
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They've motivated using biofuels as an important ways of suppressing carbon from automobiles and trucks.
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Biofuels are a blend of fossil fuel and oil made from plants or [vegetables](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).
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The reality that these crops can be re-grown and take in more CO2 suggests they counteract the carbon released when used in engines.
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Soy and palm oil were as soon as widely utilized as elements of biodiesel but this practice has actually been commonly rejected because it encourages logging.
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So for the last years or two, the use of used cooking oil has actually expanded enormously as an alternative feedstock for fuel.
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Chip fat and other waste oils have become an essential component of [biodiesel](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) with an efficient industry springing up throughout Europe to [collect](https://pitchbook.com/profiles/company/51278-86) and process the item.
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But with the amount of [biodiesel](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) made from UCO increasing by around 40% every year because 2014, there simply isn't [adequate chip](https://www.crunchbase.com/organization/mission-newenergy) fat to go around.
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According to a report from the project group Transport & Environment, external, majority of the UCO used in Europe is imported.
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Their research study recommends this is extremely bothersome when it pertains to influence on the environment.
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While UCO is considered a waste material in the UK, in China, [Indonesia](https://www.google.com/search?kgmid=/m/0cqd_rb) and Malaysia it has actually long been used to feed animals. The report raises the question of what people in these countries are [replacing](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) the UCO with, when it is [exported](https://www.businessnews.com.au/Company/Mission-NewEnergy).
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In 2019, [Malaysia exported](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) 90 million litres of UCO to the UK and Ireland. Figures for their exports to other European nations aren't available but the circulation of UCO is likely to be similar.
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With a population of around 33 million, that's close to 3 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 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 formerly utilizing it for," stated Greg Archer with Transport & Environment.
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"And they're simply purchasing more virgin oil and that virgin oil is mainly palm oil, since that's the cheapest oil readily available.
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"So indirectly, we're just motivating more logging in Southeast Asia."
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Another major problem with UCO is the suspicion of fraud.
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Because of need from Europe, the rate of UCO is often higher than palm oil. The worry is that some unscrupulous traders are just diluting shipments of UCO with palm.
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As oils of various types are mixed in bulk for transport, and no testing of the materials is brought out, some professionals believe fraud is swarming.
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The recommendation of scams anywhere along the chain of supply is rejected by the European Waste-to-Advanced Biofuels Association (EWABA), who say there are robust accreditation plans in location.
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"It is commonly understood that the European Commission has taken pertinent actions to completely suppress unsound market [practices](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) in [biofuel](https://stocktwits.com/symbol/MNEL) markets," stated Angel Alberdi, EWABA's secretary general.
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He states 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 signed up.
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"The mix of modified certification plans and the pan-EU track and trace database will ensure that no sustainability problems emerge in the entire biofuels and [bio-liquids supply](https://pitchbook.com/profiles/company/51278-86) chain," he told BBC News.
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Others in the field are worried that the database idea, which was very first mooted in 2018, might not work in stemming presumed scams.
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The report from Transport & Environment points out that with shipping and air travel wanting to decarbonise by utilizing biofuels, need for UCO might double over the next years.
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"Rising the demand beyond sustainable supply levels would increase these issues, and threats of using 'fake' UCO, potentially causing indirect effects such as logging."
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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 climate agreement
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Climate
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