carmine2905104
/
mission-newenergy-limited
1
0
Code Issues Packages Projects Wiki

Add Climate Change: Growing Doubts Over Chip Fat Biofuel

Annetta Forde 2025-01-18 04:54:08 +08:00
commit 0086b427cf
1 changed files with 43 additions and 0 deletions
Show Stats Download Patch File Download Diff File Expand all files Collapse all files

43
Climate-Change%3A-Growing-Doubts-Over-Chip-Fat-Biofuel.md Normal file

@ -0,0 +1,43 @@
<br>Climate modification: [Growing doubts](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) over chip fat [biofuel](https://stocktwits.com/symbol/MNEL)<br>
<br>21 April 2021<br>
<br>remarks<br>
<br>354 Comments<br>
<br>New research questions the environmental effect of rising imports of used cooking oil (UCO) into the UK and Europe.<br>
<br>Chip fat and other oils are thought about waste, so when they are used to make [biodiesel](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) it conserves carbon emissions by [displacing fossil](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) oil.<br>
<br>But such is the demand across Europe that imports now represent over half of the UCO that's made into fuel.<br>
<br>According to the study, external, there's no other way to show these imports are sustainable.<br>
<br>With no screening of what's being available in, [experts](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) think it is also ripe for scams.<br>
<br>Used cooking oil imports might [enhance](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) logging<br>
<br>Consumers pose 'growing threat' to tropical forests<br>
<br>Reducing emissions from transportation is proving to be among the most difficult difficulties for governments all over the world.<br>
<br>They have actually motivated the usage of biofuels as a crucial means of curbing carbon from vehicles and lorries.<br>
<br>Biofuels are usually a blend of fossil fuel and oil made from plants or [vegetables](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html).<br>
<br>The fact that these crops can be re-grown and take in more CO2 [suggests](https://www.businessnews.com.au/Company/Mission-NewEnergy) they cancel out the carbon emitted when utilized in engines.<br>
<br>Soy and palm oil were as soon as widely used as components of [biodiesel](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) however this practice has actually been widely [discredited](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) due to the fact that it motivates logging.<br>
<br>So for the last years or so, using utilized cooking oil has [broadened massively](https://www.crunchbase.com/organization/mission-newenergy) as an alternative [feedstock](https://www.zoominfo.com/c/mission-newenergy/346542889) for fuel.<br>
<br>Chip fat and other waste oils have actually become an essential element of [biodiesel](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) with a reliable market emerging across Europe to gather and process the item.<br>
<br>But with the amount of [biodiesel](https://www.crunchbase.com/organization/mission-newenergy) made from UCO increasing by around 40% every year considering that 2014, there merely isn't enough chip fat to go around.<br>
<br>According to a report from the campaign group Transport & Environment, external, majority of the UCO used in Europe is [imported](https://www.google.com/search?kgmid=/m/0cqd_rb).<br>
<br>Their study suggests this is highly troublesome when it concerns impacts on the environment.<br>
<br>While UCO is thought about a waste product in the UK, in China, Indonesia and [Malaysia](https://www.bloomberg.com/profile/company/MNELF:US) it has actually 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.<br>
<br>In 2019, Malaysia exported 90 million litres of UCO to the UK and Ireland. Figures for their [exports](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) to other European countries aren't offered but the circulation of UCO is likely to be similar.<br>
<br>With a [population](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) of around 33 million, that's close to 3 litres per head of used oil that's gathered and exported to the UK and Ireland alone.<br>
<br>By comparison, Thailand, which has a [population](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) of 70 million people, to gather around 5 million litres of UCO in 2019.<br>
<br>"Because we are buying it, they have actually less utilized cooking oil to utilize on the important things that they were formerly using it for," stated Greg Archer with Transport & Environment.<br>
<br>"And they're simply purchasing more virgin oil which virgin oil is largely palm oil, since that's the cheapest oil offered.<br>
<br>"So indirectly, we're just encouraging more deforestation in Southeast Asia."<br>
<br>Another major issue with UCO is the suspicion of scams.<br>
<br>Because of demand from Europe, the price of UCO is often higher than palm oil. The concern is that some dishonest traders are simply diluting deliveries of UCO with palm.<br>
<br>As oils of various types are blended in bulk for transportation, and no testing of the materials is performed, some experts think fraud is swarming.<br>
<br>The suggestion of fraud anywhere along the chain of supply is turned down by the European Waste-to-Advanced Biofuels Association (EWABA), who state there are robust certification plans in place.<br>
<br>"It is commonly understood that the [European Commission](https://forest500.org/rankings/companies/mission-newenergy-limited) has actually taken appropriate steps to entirely curb unsound market [practices](https://www.zoominfo.com/c/mission-newenergy/346542889) in biofuel markets," stated Angel Alberdi, EWABA's secretary general.<br>
<br>He says a new database being developed by the EU will make sure that trading, certification and sustainability data on all bio-liquids will have to be signed up.<br>
<br>"The mix of modified accreditation schemes and the pan-EU track and trace database will guarantee that no sustainability concerns occur in the entire biofuels and bio-liquids supply chain," he informed BBC News.<br>
<br>Others in the field are concerned that the database idea, which was first mooted in 2018, may not work in stemming presumed scams.<br>
<br>The report from Transport & Environment points out that with shipping and aviation looking to decarbonise by utilizing biofuels, demand for UCO could double over the next decade.<br>
<br>"Rising the need beyond sustainable supply levels would increase these issues, and risks of using 'phony' UCO, potentially leading to indirect impacts such as logging."<br>
<br>Follow Matt on Twitter @mattmcgrathbbc, external.<br>
<br>Related subjects<br>
<br>COP26<br>
<br>Paris environment contract<br>
<br>Climate<br>