Add US EPA Says it is Auditing Biofuel Producers' Secondhand Cooking Oil Supply

US-EPA-Says-it-is-Auditing-Biofuel-Producers%27-Secondhand-Cooking-Oil-Supply.md

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+<br>By Leah Douglas<br>
+<br>Aug 7 (Reuters) - The U.S. [Environmental Protection](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) Agency has actually [introduced examinations](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) into the supply chains of a minimum of 2 renewable fuel manufacturers amid [market issues](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) that some may be using fraudulent feedstocks for [biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) to [protect profitable](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) government aids.<br>
+<br>EPA spokesperson Jeffrey Landis informed Reuters that the firm has released audits over the previous year, however decreased to [determine](https://www.crunchbase.com/organization/mission-newenergy) the business targeted due to the fact that the examinations are [ongoing](https://www.pinterest.com.au/missionnewenergy/).<br>
+<br>The production of  from sustainable components, like utilized cooking oil, can earn refiners a multitude of state and [federal environmental](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) and climate aids, consisting of tradable credits under a program administered by the EPA called the Renewable Fuel [Standard](https://www.businessnews.com.au/Company/Mission-NewEnergy). But worries have actually been mounting that some products labeled as utilized [cooking 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) are actually less [expensive](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) and less sustainable virgin palm oil, a product that is related to logging and other ecological damage.<br>
+<br>The problem came into focus following a surge in used cooking oil exports from Asia over the last few years that [experts](https://www.google.com/search?kgmid=/m/0cqd_rb) have said includes unrealistically high volumes relative to the quantity of cooking oil used and recovered in the region. The European Union is also investigating [feedstocks](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) over the scams issues.<br>
+<br>The EPA audits began after the company upgraded domestic supply-chain [accounting requirements](https://forest500.org/rankings/companies/mission-newenergy-limited) in July 2023 for sustainable fuel producers seeking to earn credits under the RFS, he stated.<br>
+<br>"EPA has actually carried out audits of sustainable fuel manufacturers considering that July 2023 which consists of, among other things, an assessment of the locations that used cooking oil utilized in renewable fuel production was collected," he stated. "These examinations, nevertheless, are continuous and we are not able to discuss ongoing enforcement examinations."<br>
+<br>U.S. senators from farm states have actually [required](https://www.bloomberg.com/profile/company/MNELF:US) more [oversight](https://forest500.org/rankings/companies/mission-newenergy-limited) of [biofuel](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) feedstocks, stating federal companies need to be as strenuous in verifying imports as they are [auditing domestic](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) supply chains.<br>
+<br>"The Biden administration has actually created energetic requirements to validate, not simply trust, American manufacturers, and it is necessary that the very same analysis is applied to imported feedstocks," six U.S. senators, led by Roger Marshall and Sherrod Brown, [composed](https://www.crunchbase.com/organization/mission-newenergy) in a June 20 letter to federal firms.<br>
+<br>Another letter from 15 senators to the Treasury Department on July 30 prompted the administration to omit imported feedstocks like UCO from an additional clean fuel tax credit program passed in the Inflation Reduction Act. (Reporting by Leah Douglas in Washington Editing by [Richard Valdmanis](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) and [Matthew](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) Lewis)<br>