From fb10d87dbcca44cbfb0af767aee420ba9d462a49 Mon Sep 17 00:00:00 2001 From: emiliedockery4 Date: Sat, 18 Jan 2025 11:54:12 +0800 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..f551446 --- /dev/null +++ b/Climate-Change%3A-Growing-Doubts-Over-Chip-Fat-Biofuel.md @@ -0,0 +1,43 @@ +
[Climate](https://pitchbook.com/profiles/company/51278-86) change: [Growing doubts](https://www.google.com/search?kgmid=/m/0cqd_rb) over chip fat [biofuel](https://www.google.com/search?kgmid=/m/0cqd_rb)
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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 impact](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) of increasing [imports](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) of used [cooking oil](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) (UCO) into the UK and Europe.
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Chip fat and other oils are thought about waste, so when they are used to make [biodiesel](https://www.crunchbase.com/organization/mission-newenergy) it saves carbon emissions by [displacing fossil](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) oil.
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But such is the demand throughout Europe that imports now account for majority of the UCO that's made into fuel.
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According to the research study, external, there's no method to show these imports are sustainable.
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Without any testing of what's can be found in, experts believe it is also ripe for scams.
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Used cooking oil imports may boost logging
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Consumers posture 'growing danger' to tropical forests
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Reducing emissions from transportation is showing to be one of the toughest difficulties for governments all over the world.
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They've motivated using [biofuels](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) as an essential methods of suppressing carbon from automobiles and lorries.
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Biofuels are typically a mix of [nonrenewable fuel](https://pitchbook.com/profiles/company/51278-86) source and oil made from plants or vegetables.
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The truth that these crops can be re-grown and take in more CO2 means they counteract the carbon released when utilized in engines.
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Soy and palm oil were once extensively utilized as elements of [biodiesel](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) but this practice has actually been extensively discredited because it encourages logging.
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So for the last years approximately, making use of used cooking oil has actually broadened massively as an alternative feedstock for fuel.
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Chip fat and other waste oils have actually become an essential element of [biodiesel](https://www.google.com/search?kgmid=/m/0cqd_rb) with an efficient industry springing up across Europe to collect and process the product.
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But with the amount of [biodiesel](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) made from UCO increasing by around 40% every year considering that 2014, there just isn't sufficient chip fat to walk around.
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According to a report from the campaign group Transport & Environment, external, more than half of the UCO utilized in Europe is [imported](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html).
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Their study recommends this is highly troublesome when it comes to influence on the [environment](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/).
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While UCO is thought about a in the UK, in China, Indonesia and [Malaysia](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) it has actually long been used to feed animals. The report raises the concern of what people in these countries are [changing](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) the UCO with, when it is exported.
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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 countries](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) aren't readily available but the flow of UCO is likely to be comparable.
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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](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) to the UK and Ireland alone.
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By contrast, Thailand, which has a population of 70 million people, handled to gather 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 utilize on the important things that they were previously utilizing it for," said Greg Archer with Transport & Environment.
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"And they're simply purchasing more virgin oil which virgin oil is largely palm oil, since that's the most affordable oil readily available.
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"So indirectly, we're simply encouraging more deforestation in Southeast Asia."
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Another major issue with UCO is the suspicion of fraud.
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Because of need from Europe, the price of UCO is often higher than palm oil. The worry is that some deceitful traders are merely diluting deliveries of UCO with palm.
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As oils of various types are mixed in bulk for transport, and no screening of the products is carried out, some professionals think scams is rife.
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The recommendation of fraud 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 location.
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"It is widely understood that the European Commission has actually taken pertinent steps to completely suppress unsound market practices in biofuel markets," said Angel Alberdi, EWABA's secretary general.
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He says a brand-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.
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"The combination of revised certification plans and the pan-EU track and trace database will ensure that no sustainability problems emerge in the whole biofuels and [bio-liquids supply](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) chain," he told BBC News.
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Others in the field are concerned that the database concept, which was very first mooted in 2018, may not work in stemming presumed scams.
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The report from Transport & Environment explains that with shipping and aviation wanting to decarbonise by utilizing biofuels, demand for UCO could double over the next decade.
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"Rising the need beyond sustainable supply levels would increase these issues, and dangers of utilizing 'phony' UCO, possibly causing indirect effects such as deforestation."
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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 arrangement
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Climate
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