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+<br>By Leah Douglas<br>
+<br>Aug 7 (Reuters) - The U.S.  Agency has actually [introduced examinations](https://stocktwits.com/symbol/MNEL) into the supply chains of at least 2 sustainable fuel producers amidst industry issues that some might be [utilizing](https://stocktwits.com/symbol/MNEL) fraudulent feedstocks for [biodiesel](https://www.crunchbase.com/organization/mission-newenergy) to protect rewarding federal government aids.<br>
+<br>EPA spokesperson Jeffrey Landis told Reuters that the company has launched audits over the past year, however decreased to [recognize](https://www.zoominfo.com/c/mission-newenergy/346542889) the business targeted due to the fact that the investigations are ongoing.<br>
+<br>The production of [biodiesel](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) from [sustainable](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) components, like used cooking oil, can make refiners a variety of state and federal ecological and climate subsidies, including tradable credits under a program administered by the EPA called the [Renewable Fuel](https://pitchbook.com/profiles/company/51278-86) [Standard](https://www.google.com/search?kgmid=/m/0cqd_rb). But fears have been mounting that some supplies identified as used cooking oil are in fact more affordable and less sustainable virgin palm oil, an item that is [connected](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) with [deforestation](https://www.crunchbase.com/organization/mission-newenergy) and other [environmental damage](https://forest500.org/rankings/companies/mission-newenergy-limited).<br>
+<br>The issue entered focus following a surge in utilized cooking oil exports from Asia over the last few years that [experts](https://www.pinterest.com.au/missionnewenergy/) have said includes unrealistically high [volumes relative](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) to the quantity of cooking oil utilized and recuperated in the area. The European Union is also [examining](https://stocktwits.com/symbol/MNEL) feedstocks over the scams concerns.<br>
+<br>The EPA audits began after the firm upgraded domestic supply-chain accounting requirements in July 2023 for [renewable](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) fuel manufacturers seeking to make [credits](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) under the RFS, he stated.<br>
+<br>"EPA has carried out audits of renewable fuel manufacturers because July 2023 which includes, among other things, an evaluation of the areas that used cooking oil utilized in renewable fuel production was gathered," he said. "These examinations, however, are continuous and we are unable to discuss continuous enforcement examinations."<br>
+<br>U.S. senators from farm states have actually called for more oversight of [biofuel](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) feedstocks, saying federal companies must be as strenuous in validating imports as they are auditing domestic supply chains.<br>
+<br>"The Biden administration has developed energetic standards to verify, not simply trust, American manufacturers, and it is necessary that the same scrutiny is applied to imported feedstocks," six U.S. senators, led by Roger Marshall and Sherrod Brown, wrote in a June 20 letter to federal firms.<br>
+<br>Another letter from 15 senators to the Treasury Department on July 30 advised the administration to [exclude imported](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) feedstocks like UCO from an [extra tidy](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) fuel tax credit [program passed](https://www.google.com/search?kgmid=/m/0cqd_rb) in the Inflation Reduction Act. (Reporting by [Leah Douglas](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) in Washington Editing by Richard Valdmanis and Matthew Lewis)<br>
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