Mission Biofuels India Private Ltd

Overview

  • Founded Date August 29, 2011
  • Sectors Travel Staffing Assignment
  • Posted Jobs 0
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Company Description

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

By Leah Douglas

Aug 7 (Reuters) – The U.S. Epa has launched investigations into the supply chains of a minimum of 2 eco-friendly fuel producers amidst industry concerns that some might be using fraudulent feedstocks for biodiesel to protect rewarding federal government aids.

EPA spokesperson Jeffrey Landis told Reuters that the firm has launched audits over the past year, however decreased to recognize the business targeted since the investigations are continuous.

The production of biodiesel from sustainable components, like utilized cooking oil, can earn refiners a variety of state and federal ecological and environment aids, including tradable credits under a program administered by the EPA called the Renewable Fuel Standard. But fears have actually been mounting that some supplies labeled as used cooking oil are really more affordable and less sustainable virgin palm oil, a product that is connected with logging and other ecological damage.

The problem came into focus following a surge in utilized cooking oil exports from Asia recently that analysts have stated includes unrealistically high volumes relative to the amount of cooking oil utilized and recuperated in the area. The European Union is also examining feedstocks over the fraud concerns.

The EPA audits began after the company upgraded domestic supply-chain accounting requirements in July 2023 for producers seeking to make credits under the RFS, he said.

“EPA has conducted audits of sustainable fuel manufacturers because July 2023 which includes, to name a few things, an assessment of the places that utilized cooking oil utilized in eco-friendly fuel production was gathered,” he stated. “These examinations, nevertheless, are continuous and we are not able to talk about ongoing enforcement examinations.”

U.S. senators from farm states have called for more oversight of biofuel feedstocks, saying federal agencies must be as strenuous in verifying imports as they are auditing domestic supply chains.

“The Biden administration has actually developed vigorous standards to validate, not simply trust, American producers, and it is important that the very same examination is used to imported feedstocks,” six U.S. senators, led by Roger Marshall and Sherrod Brown, composed in a June 20 letter to federal companies.

Another letter from 15 senators to the Treasury Department on July 30 urged the administration to leave out 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 and Matthew Lewis)