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Add MP Backs Biodiesel Tax Break Campaign

Brigida Atkin 2025-01-18 08:33:19 +00:00
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<br>MP backs [biodiesel](https://www.google.com/search?kgmid=/m/0cqd_rb) tax break campaign<br>
<br>29 June 2011<br>
<br>Liberal Democrat George is backing a [campaign](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) to keep [tax breaks](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) for [business](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) who [produce biodiesel](https://forest500.org/rankings/companies/mission-newenergy-limited).<br>
<br>[Producers](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) [converting cooking](https://pitchbook.com/profiles/company/51278-86) oil into [biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) [presently](https://pitchbook.com/profiles/company/51278-86) gain from a 20p [differential](https://www.crunchbase.com/organization/mission-newenergy) however that is because of end next April.<br>
<br>The St Ives MP, who leads the Lib Dem Environment Team, has been [satisfying](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.google.com/search?kgmid=/m/0cqd_rb) [biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) [alliance](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/).<br>
<br>Mr [George stated](https://www.crunchbase.com/organization/mission-newenergy) "a number of small companies in Cornwall currently generate income from utilized cooking oil".<br>
<br>He included: "In order to be able to get this type of market going it does need just a bit of lift which comes in the kind of tax inevitable."<br>
<br>[Biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) is a mix of [conventional](https://forest500.org/rankings/companies/mission-newenergy-limited) diesel, [rapeseed](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) and [veggie oils](https://www.investing.com/equities/mission-newenergy-ltd-company-profile).<br>
<br>Fuel from [pasties](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) to power cars<br>
<br>13 May 2011<br>
<br>Old [chip fat](https://www.google.com/search?kgmid=/m/0cqd_rb) powers Place ferry<br>
<br>15 June 2010<br>
<br>St Ives Liberal Democrats<br>