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<br>By Leah Douglas<br>
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<br>Aug 7 (Reuters) - The U.S. Agency has [introduced investigations](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) into the [supply chains](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) of at least two eco-friendly fuel producers [amidst industry](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) issues that some may be using fraudulent feedstocks for [biodiesel](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) to secure [profitable federal](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) government aids.<br>
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<br>EPA spokesperson [Jeffrey](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) Landis told Reuters that the firm has actually released audits over the past year, but declined to recognize the companies targeted because the investigations are continuous.<br>
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<br>The production of [biodiesel](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) from sustainable components, like used cooking oil, can earn refiners a slew of state and [federal environmental](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) and climate aids, consisting of tradable credits under a [program administered](https://forest500.org/rankings/companies/mission-newenergy-limited) by the EPA called the [Renewable Fuel](https://www.bloomberg.com/profile/company/MNELF:US) Standard. But worries have actually been mounting that some supplies labeled as [utilized cooking](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) oil are in fact less expensive and less sustainable virgin palm oil, a [product](https://www.google.com/search?kgmid=/m/0cqd_rb) that is related to deforestation and other [environmental damage](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048).<br>
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<br>The [concern](https://forest500.org/rankings/companies/mission-newenergy-limited) entered into focus following a surge in used cooking oil exports from Asia recently that experts have actually stated includes unrealistically high volumes relative to the amount of cooking oil [utilized](https://www.crunchbase.com/organization/mission-newenergy) and recovered in the area. The European Union is likewise examining feedstocks over the [fraud concerns](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd).<br>
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<br>The EPA audits started after the company upgraded domestic supply-chain accounting requirements in July 2023 for [renewable fuel](https://www.businessnews.com.au/Company/Mission-NewEnergy) manufacturers looking for to make credits under the RFS, he stated.<br>
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<br>"EPA has conducted audits of renewable fuel manufacturers because July 2023 that includes, among other things, an evaluation of the places that used cooking oil utilized in eco-friendly fuel production was collected," he said. "These investigations, nevertheless, are ongoing and we are unable to go over continuous enforcement examinations."<br>
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<br>U.S. senators from farm states have actually required more oversight 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 extensive in [confirming imports](https://pitchbook.com/profiles/company/51278-86) as they are auditing domestic supply chains.<br>
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<br>"The Biden administration has actually produced vigorous requirements to verify, not simply trust, American producers, and it is imperative that the very same analysis is used to imported feedstocks," six U.S. senators, led by [Roger Marshall](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) and Sherrod Brown, wrote in a June 20 letter to [federal agencies](https://www.businessnews.com.au/Company/Mission-NewEnergy).<br>
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<br>Another letter from 15 senators to the Treasury Department on July 30 prompted the administration to exclude imported feedstocks like UCO from an extra tidy fuel tax credit program passed in the Inflation Reduction Act. (Reporting by Leah Douglas in Washington Editing by Richard Valdmanis and Matthew Lewis)<br>
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