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 <br>[Climate](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) modification: Growing doubts over chip fat [biofuel](https://stocktwits.com/symbol/MNEL)<br>
 <br>21 April 2021<br>
 <br>comments<br>
 <br>354 Comments<br>
 <br>New research study questions the ecological impact of rising imports of used cooking oil (UCO) into the UK and Europe.<br>
 <br>[Chip fat](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) and other oils are considered waste, so when they are utilized to make [biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) it conserves carbon emissions by displacing fossil oil.<br>
 <br>But such is the need across Europe that [imports](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) now represent majority of the UCO that's made into fuel.<br>
 <br>According to the research study, external, there's no method to prove these imports are sustainable.<br>
 <br>With no [screening](https://www.zoominfo.com/c/mission-newenergy/346542889) of what's can be found in,  think it is also ripe for fraud.<br>
 <br>Used [cooking oil](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) imports may enhance deforestation<br>
 <br>Consumers position 'growing risk' to tropical forests<br>
 <br>Reducing emissions from [transportation](https://forest500.org/rankings/companies/mission-newenergy-limited) is proving to be one of the toughest obstacles for governments all over the world.<br>
 <br>They have actually motivated the use of biofuels as an important [methods](https://forest500.org/rankings/companies/mission-newenergy-limited) of suppressing carbon from cars and trucks and trucks.<br>
 <br>[Biofuels](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) are usually a mix of [nonrenewable fuel](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) source and oil made from plants or vegetables.<br>
 <br>The [reality](https://forest500.org/rankings/companies/mission-newenergy-limited) that these crops can be re-grown and absorb more CO2 suggests they counteract the carbon produced when utilized in engines.<br>
 <br>Soy and palm oil were once extensively utilized 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 extensively discredited because it motivates logging.<br>
 <br>So for the last years or so, making use of utilized cooking oil has broadened massively as an alternative feedstock for fuel.<br>
 <br>Chip fat and other waste oils have ended up being a key part of [biodiesel](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) with a reliable market springing up across Europe to gather and process the item.<br>
 <br>But with the amount of [biodiesel](https://www.businessnews.com.au/Company/Mission-NewEnergy) made from UCO increasing by around 40% every year because 2014, there simply isn't sufficient chip fat to go around.<br>
 <br>According to a report from the project group Transport & Environment, external, more than half of the UCO utilized in Europe is imported.<br>
 <br>Their study recommends this is highly bothersome when it concerns effect on the [environment](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/).<br>
 <br>While UCO is thought about a waste product in the UK, in China, Indonesia and Malaysia it has actually long been used to [feed animals](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd). The report raises the [concern](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) of what people in these nations are replacing 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 nations aren't available however the flow of UCO is most likely to be comparable.<br>
 <br>With a population of around 33 million, that's close to 3 litres per head of used oil that's collected and exported to the UK and Ireland alone.<br>
 <br>By comparison, Thailand, which has a population of 70 million people, managed to collect 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 simply purchasing more virgin oil which virgin oil is mostly palm oil, since that's the most inexpensive oil readily available.<br>
 <br>"So indirectly, we're simply encouraging more deforestation in Southeast Asia."<br>
 <br>Another major issue with UCO is the suspicion of fraud.<br>
 <br>Because of need from Europe, the rate of UCO is typically higher than palm oil. The concern is that some dishonest traders are just diluting deliveries of UCO with palm.<br>
 <br>As oils of different types are blended in bulk for transport, and no testing of the materials is performed, some professionals think scams is rife.<br>
 <br>The tip of fraud anywhere along the chain of supply is rejected by the European Waste-to-Advanced Biofuels Association (EWABA), who say there are robust accreditation schemes in location.<br>
 <br>"It is widely known that the European Commission has taken appropriate actions to completely suppress unsound market practices in [biofuel](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) markets," stated Angel Alberdi, EWABA's secretary general.<br>
 <br>He states a new database being established by the EU will guarantee that trading, certification and sustainability information on all bio-liquids will have to be signed up.<br>
 <br>"The mix of [revised accreditation](https://pitchbook.com/profiles/company/51278-86) plans and the [pan-EU track](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) and trace database will guarantee that no sustainability problems occur in the entire biofuels and bio-liquids supply chain," he informed BBC News.<br>
 <br>Others in the field are worried that the database concept, which was first mooted in 2018, might not work in stemming believed scams.<br>
 <br>The report from Transport & Environment mentions that with shipping and aviation wanting to decarbonise by utilizing biofuels, demand for UCO could double over the next years.<br>
 <br>"Rising the demand beyond sustainable supply levels would increase these issues, and dangers of using 'phony' UCO, possibly causing indirect effects such as logging."<br>
 <br>Follow Matt on Twitter @mattmcgrathbbc, external.<br>
 <br>Related topics<br>
 <br>COP26<br>
 <br>Paris environment contract<br>
 <br>Climate<br>