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<br>By Leah Douglas<br>
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<br>Aug 7 (Reuters) - The U.S. [Environmental Protection](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) Agency has actually launched investigations into the [supply chains](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) of a minimum of 2 eco-friendly [fuel manufacturers](https://www.bloomberg.com/profile/company/MNELF:US) amid market issues that some may be using deceitful feedstocks for [biodiesel](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) to protect profitable federal [government aids](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html).<br>
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<br>EPA representative [Jeffrey](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) Landis informed Reuters that the firm has actually introduced audits over the past year, but declined to [recognize](https://www.google.com/search?kgmid=/m/0cqd_rb) the companies targeted since the investigations are ongoing.<br>
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<br>The production of [biodiesel](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) from sustainable active ingredients, like used cooking oil, can [earn refiners](https://www.bloomberg.com/profile/company/MNELF:US) a multitude of state and [federal ecological](https://www.businessnews.com.au/Company/Mission-NewEnergy) and [climate](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) aids, consisting of tradable credits under a program [administered](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) by the EPA called the [Renewable Fuel](https://www.google.com/search?kgmid=/m/0cqd_rb) Standard. But worries have been mounting that some materials identified as used cooking oil are in fact cheaper and less [sustainable virgin](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) palm oil, a product that is related to deforestation and other ecological damage.<br>
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<br>The issue came into focus following a surge in utilized cooking oil exports from Asia recently that experts have said includes [unrealistically](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) high volumes relative to the quantity of cooking oil utilized and recovered in the area. The European Union is likewise investigating feedstocks over the fraud concerns.<br>
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<br>The EPA audits began after the agency updated domestic supply-chain accounting requirements in July 2023 for renewable fuel [manufacturers](https://www.zoominfo.com/c/mission-newenergy/346542889) looking for to make under the RFS, he stated.<br>
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<br>"EPA has carried out audits of renewable fuel producers since July 2023 that includes, to name a few things, an examination of the places that utilized cooking oil utilized in eco-friendly fuel production was gathered," he stated. "These investigations, however, are ongoing and we are not able to discuss continuous enforcement examinations."<br>
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<br>U.S. senators from farm states have called for more oversight of [biofuel](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) feedstocks, stating federal firms need to be as extensive in verifying imports as they are auditing domestic supply chains.<br>
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<br>"The Biden administration has actually produced energetic requirements to verify, not simply trust, American manufacturers, and it is vital that the exact same analysis is used to imported feedstocks," 6 U.S. senators, led by Roger Marshall and Sherrod Brown, wrote in a June 20 letter to [federal companies](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd).<br>
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<br>Another letter from 15 [senators](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) to the Treasury Department on July 30 [advised](https://stocktwits.com/symbol/MNEL) the administration to leave out imported feedstocks like UCO from an additional tidy fuel tax credit program passed in the Inflation Reduction Act. (Reporting by [Leah Douglas](https://www.pinterest.com.au/missionnewenergy/) in Washington Editing by Richard Valdmanis and Matthew Lewis)<br>
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