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<br>Climate modification: [Growing doubts](https://stocktwits.com/symbol/MNEL) over [chip fat](https://www.zoominfo.com/c/mission-newenergy/346542889) [biofuel](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/)<br>
<br>21 April 2021<br>
<br>remarks<br>
<br>354 Comments<br>
<br>New research questions the ecological impact of rising imports of utilized cooking oil (UCO) into the UK and Europe.<br>
<br>[Chip fat](https://www.crunchbase.com/organization/mission-newenergy) and other oils are considered waste, so when they are used to make [biodiesel](https://www.pinterest.com.au/missionnewenergy/) it saves carbon emissions by displacing fossil oil.<br>
<br>But such is the demand across Europe that imports now account for of the UCO that's made into fuel.<br>
<br>According to the study, external, there's no chance to prove these imports are sustainable.<br>
<br>With no screening of what's being available in, professionals believe it is also ripe for scams.<br>
<br>Used cooking oil imports may improve logging<br>
<br>Consumers present ['growing risk'](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) to tropical forests<br>
<br>Reducing emissions from transport is showing to be one of the hardest obstacles for governments all over the world.<br>
<br>They've [encouraged](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) the use of biofuels as an important ways of suppressing carbon from cars and trucks.<br>
<br>[Biofuels](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) are normally a blend of fossil fuel and oil made from plants or vegetables.<br>
<br>The reality that these crops can be [re-grown](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) and absorb more CO2 suggests they cancel out the carbon discharged when utilized in engines.<br>
<br>Soy and palm oil were once extensively used as parts of [biodiesel](https://www.zoominfo.com/c/mission-newenergy/346542889) however this practice has been widely discredited due to the fact that it motivates logging.<br>
<br>So for the last years approximately, the use of utilized cooking oil has actually expanded massively as an alternative feedstock for fuel.<br>
<br>Chip fat and other waste oils have actually ended up being a key element of [biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) with a reliable industry emerging across Europe to gather and process the product.<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 given that 2014, there simply isn't enough chip fat to go around.<br>
<br>According to a report from the project group Transport & Environment, external, over half of the UCO used in Europe is imported.<br>
<br>Their study recommends this is extremely troublesome when it pertains to influence on the environment.<br>
<br>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](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) of what people 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 countries aren't readily available however the flow of UCO is likely to be comparable.<br>
<br>With a population of around 33 million, that's close to 3 litres per head of [utilized oil](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) that's [collected](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) and exported to the UK and Ireland alone.<br>
<br>By contrast, Thailand, which has a population of 70 million individuals, [managed](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) to gather around five million litres of UCO in 2019.<br>
<br>"Because we are buying 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.<br>
<br>"And they're just buying more virgin oil which virgin oil is mainly palm oil, since that's the cheapest oil readily available.<br>
<br>"So indirectly, we're just encouraging more deforestation in Southeast Asia."<br>
<br>Another significant problem with UCO is the suspicion of fraud.<br>
<br>Because of need from Europe, the price of UCO is typically higher than palm oil. The concern is that some unethical traders are just watering down shipments of UCO with palm.<br>
<br>As oils of different types are blended in bulk for transport, and no screening of the products is carried out, some professionals believe fraud is rife.<br>
<br>The tip 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 plans in place.<br>
<br>"It is commonly understood that the European Commission has actually taken pertinent actions to completely curb unsound market practices in [biofuel](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) markets," stated Angel Alberdi, EWABA's secretary general.<br>
<br>He says a new database being developed by the EU will ensure that trading, certification and sustainability information on all bio-liquids will have to be signed up.<br>
<br>"The combination of modified certification plans and the pan-EU track and trace database will ensure that no sustainability issues emerge in the entire biofuels and bio-liquids supply chain," he informed BBC News.<br>
<br>Others in the field are concerned that the database concept, which was first mooted in 2018, may not work in stemming presumed scams.<br>
<br>The report from Transport & Environment mentions that with shipping and air travel seeking to decarbonise by utilizing biofuels, need for UCO could double over the next years.<br>
<br>"Rising the demand beyond [sustainable supply](https://www.google.com/search?kgmid=/m/0cqd_rb) levels would [increase](https://pitchbook.com/profiles/company/51278-86) these issues, and risks of using 'fake' UCO, possibly resulting in [indirect impacts](https://www.bloomberg.com/profile/company/MNELF:US) such as [logging](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/)."<br>
<br>Follow Matt on Twitter @mattmcgrathbbc, external.<br>
<br>Related topics<br>
<br>COP26<br>
<br>Paris climate agreement<br>
<br>Climate<br>