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+<br>By Leah Douglas<br>
+<br>Aug 7 (Reuters) - The U.S. Epa has actually [introduced examinations](https://pitchbook.com/profiles/company/51278-86) into the supply chains of at least two eco-friendly fuel [producers amid](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) market issues that some might be [utilizing](https://stocktwits.com/symbol/MNEL) deceitful feedstocks for [biodiesel](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) to protect profitable federal government subsidies.<br>
+<br>[EPA representative](https://pitchbook.com/profiles/company/51278-86) Jeffrey Landis informed Reuters that the firm has actually launched audits over the previous year, but declined to identify the companies targeted because the investigations are [continuous](https://pitchbook.com/profiles/company/51278-86).<br>
+<br>The production of [biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) from sustainable ingredients, like used [cooking](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) oil, can make refiners a multitude of state and federal ecological and climate subsidies, [including tradable](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) credits under a program administered by the EPA called the Renewable Fuel Standard. But worries have actually been mounting that some products labeled as used [cooking oil](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) are in fact more affordable and less [sustainable virgin](https://forest500.org/rankings/companies/mission-newenergy-limited) palm oil, an item that is associated with logging and other environmental damage.<br>
+<br>The issue came into focus following a surge in used cooking oil [exports](https://forest500.org/rankings/companies/mission-newenergy-limited) from Asia recently that analysts have actually stated includes [unrealistically](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) high volumes relative to the quantity of cooking oil used and recuperated in the region. The European Union is also examining feedstocks over the fraud issues.<br>
+<br>The EPA audits started after the agency updated domestic supply-chain accounting requirements in July 2023 for eco-friendly fuel producers looking for to make [credits](https://www.businessnews.com.au/Company/Mission-NewEnergy) under the RFS, he stated.<br>
+<br>"EPA has performed audits of sustainable fuel manufacturers since July 2023 which includes, among other things, an examination of the places that used cooking oil utilized in eco-friendly fuel production was collected," he stated. "These examinations, nevertheless, are ongoing and we are unable to discuss continuous enforcement investigations."<br>
+<br>U.S. [senators](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) from farm states have actually required more  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](https://www.businessnews.com.au/Company/Mission-NewEnergy) in validating imports as they are [auditing domestic](https://stocktwits.com/symbol/MNEL) supply chains.<br>
+<br>"The Biden administration has produced energetic requirements to verify, not just trust, American producers, and it is essential that the same scrutiny is applied to imported feedstocks," 6 U.S. senators, led by Roger Marshall and Sherrod Brown, wrote in a June 20 letter to [federal companies](https://forest500.org/rankings/companies/mission-newenergy-limited).<br>
+<br>Another letter from 15 senators to the Treasury Department on July 30 [advised](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) the [administration](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) to leave out 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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