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+<br>By Leah Douglas<br>
+<br>Aug 7 (Reuters) - The U.S. [Environmental Protection](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) Agency has launched examinations into the supply chains of a minimum of two eco-friendly fuel [manufacturers amid](https://www.businessnews.com.au/Company/Mission-NewEnergy) market concerns that some may be using deceitful feedstocks for [biodiesel](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) to [protect rewarding](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) federal [government subsidies](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/).<br>
+<br>EPA representative [Jeffrey](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) Landis told Reuters that the company has introduced audits over the past year, however decreased to [identify](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) the companies targeted due to the fact that the examinations are [ongoing](https://forest500.org/rankings/companies/mission-newenergy-limited).<br>
+<br>The production of [biodiesel](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) from sustainable ingredients, like used [cooking](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) oil, can make refiners a multitude of state and federal ecological and environment subsidies, including tradable credits under a [program administered](https://www.google.com/search?kgmid=/m/0cqd_rb) by the EPA called the [Renewable Fuel](https://pitchbook.com/profiles/company/51278-86) [Standard](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price). But [worries](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) have actually been [mounting](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) that some products identified as used cooking oil are in fact more affordable and less sustainable virgin palm oil, an item that is related to logging and other [environmental damage](https://www.zoominfo.com/c/mission-newenergy/346542889).<br>
+<br>The problem entered focus following a rise in utilized cooking oil exports from Asia over the last few years that experts have stated involves unrealistically high volumes relative to the quantity of cooking oil used and recovered in the area. The European Union is also examining feedstocks over the fraud issues.<br>
+<br>The EPA audits began after the agency [updated domestic](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) supply-chain accounting requirements in July 2023 for eco-friendly fuel producers seeking to make [credits](https://www.businessnews.com.au/Company/Mission-NewEnergy) under the RFS, he said.<br>
+<br>"EPA has actually carried out audits of renewable fuel producers given that July 2023 that includes, to name a few things, an examination of the locations that utilized cooking oil used in eco-friendly fuel production was collected," he stated. "These examinations, however, are ongoing and we are unable to discuss ongoing enforcement investigations."<br>
+<br>U.S. senators from farm states have called for more oversight of [biofuel](https://www.businessnews.com.au/Company/Mission-NewEnergy) feedstocks, saying federal agencies ought to be as extensive in verifying imports as they are auditing domestic .<br>
+<br>"The Biden administration has actually developed vigorous standards to validate, not just trust, American manufacturers, and it is important that the exact same examination is applied to imported feedstocks," six U.S. senators, led by Roger Marshall and Sherrod Brown, wrote in a June 20 letter to federal companies.<br>
+<br>Another letter from 15 senators to the Treasury Department on July 30 urged the administration to exclude imported [feedstocks](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) 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](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) Lewis)<br>
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