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Add MP Backs Biodiesel Tax Break Campaign

Mose Rich 2025-01-12 11:31:49 +00:00
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<br>MP backs break campaign<br>
<br>29 June 2011<br>
<br>[Liberal Democrat](https://www.google.com/search?kgmid=/m/0cqd_rb) [MP Andrew](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) George is backing a [project](https://www.crunchbase.com/organization/mission-newenergy) to keep [tax breaks](https://forest500.org/rankings/companies/mission-newenergy-limited) for companies who [produce](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) [biodiesel](https://www.zoominfo.com/c/mission-newenergy/346542889).<br>
<br>[Producers transforming](https://www.crunchbase.com/organization/mission-newenergy) [cooking oil](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) into [biodiesel](https://www.google.com/search?kgmid=/m/0cqd_rb) currently take [advantage](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) of a 20p [differential](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) but that is due to end next April.<br>
<br>The St Ives MP, who leads the Lib Dem [Environment](https://stocktwits.com/symbol/MNEL) Team, has actually been [fulfilling](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) with the [UK sustainable](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) [biodiesel](https://www.pinterest.com.au/missionnewenergy/) [alliance](https://www.businessnews.com.au/Company/Mission-NewEnergy).<br>
<br>Mr George stated "a variety of small companies in Cornwall currently generate income from utilized cooking oil".<br>
<br>He added: "In order to have the ability to get this kind of market going it does need simply a bit of lift which is available in the type of tax inevitable."<br>
<br>[Biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) is a blend of [standard](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) diesel, [rapeseed](https://www.businessnews.com.au/Company/Mission-NewEnergy) and [veggie oils](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd).<br>
<br>Fuel from [pasties](https://pitchbook.com/profiles/company/51278-86) to power automobiles<br>
<br>13 May 2011<br>
<br>Old chip fat powers Place ferryboat<br>
<br>15 June 2010<br>
<br>St Ives Liberal Democrats<br>