From a1c4eafafc83db8e5fdaec3dde3ecac1984e8f44 Mon Sep 17 00:00:00 2001 From: kaitlyndahlen1 Date: Sat, 18 Jan 2025 20:40:41 +0800 Subject: [PATCH] Add 'Climate Change: Growing Doubts Over Chip Fat Biofuel' --- ...ange%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..348bfaa --- /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://stocktwits.com/symbol/MNEL)
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21 April 2021
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remarks
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354 Comments
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New research concerns the ecological effect of rising imports of [utilized](https://www.google.com/search?kgmid=/m/0cqd_rb) 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 utilized to make [biodiesel](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) it saves carbon emissions by displacing fossil oil.
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But such is the need across Europe that imports now represent majority of the UCO that's made into fuel.
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According to the research study, external, there's no other way to show these imports are [sustainable](https://www.pinterest.com.au/missionnewenergy/).
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Without any testing of what's coming in, experts think it is also ripe for fraud.
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Used cooking oil imports might increase deforestation
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Consumers present 'growing risk' to tropical forests
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[Reducing emissions](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) from transportation is proving to be among the hardest challenges for governments all over the world.
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They have actually [encouraged](https://www.google.com/search?kgmid=/m/0cqd_rb) the usage of biofuels as a crucial ways of curbing carbon from vehicles and trucks.
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Biofuels are normally a mix of and oil made from plants or [veggies](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html).
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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 once extensively used as components of [biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) however this practice has actually been commonly discredited due to the fact that it encourages logging.
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So for the last decade or so, the usage of utilized cooking oil has actually broadened enormously as an alternative feedstock for fuel.
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[Chip fat](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) and other [waste oils](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) have actually become a key part of [biodiesel](https://www.businessnews.com.au/Company/Mission-NewEnergy) with a reliable market springing up throughout Europe to collect and [process](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) the item.
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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](https://stocktwits.com/symbol/MNEL) by around 40% every year given that 2014, there just isn't enough chip fat to walk around.
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According to a report from the project group [Transport](https://www.google.com/search?kgmid=/m/0cqd_rb) & Environment, external, over half of the UCO used in Europe is imported.
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Their study recommends this is extremely bothersome when it pertains to effect on the environment.
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While UCO is considered 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](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) in these nations are replacing 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 nations aren't readily available but the flow of UCO is likely to be similar.
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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](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) to the UK and Ireland alone.
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By comparison, Thailand, which has a population of 70 million individuals, [handled](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) to gather 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 using 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 mainly palm oil, since that's the most inexpensive oil offered.
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"So indirectly, we're just 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 rate of UCO is typically higher than palm oil. The worry is that some deceitful traders are simply watering down deliveries of UCO with palm.
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As oils of various types are blended in bulk for transportation, and no testing of the products is performed, some professionals believe fraud is rife.
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The idea of scams anywhere along the chain of supply is turned down by the European Waste-to-Advanced Biofuels Association (EWABA), who say there are robust accreditation schemes in place.
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"It is widely understood that the European Commission has actually taken relevant steps to completely curb unsound market practices in [biofuel](https://stocktwits.com/symbol/MNEL) markets," stated Angel Alberdi, EWABA's secretary general.
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He says a new database being established by the EU will make sure that trading, accreditation and sustainability data on all bio-liquids will need 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 concerns emerge in the entire [biofuels](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) 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, may not work in stemming believed scams.
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The report from Transport & Environment points out that with shipping and air travel seeking to decarbonise by utilizing biofuels, demand for UCO might double over the next decade.
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"Rising the need beyond sustainable supply levels would increase these concerns, and dangers of using 'fake' 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 environment arrangement
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Climate
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