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Add MP Backs Biodiesel Tax Break Campaign

Gladis Glasheen 2025-01-12 11:47:27 +08:00
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<br>MP backs [biodiesel tax](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) break project<br>
<br>29 June 2011<br>
<br>[Liberal Democrat](https://www.pinterest.com.au/missionnewenergy/) [MP Andrew](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) George is backing a [project](https://www.google.com/search?kgmid=/m/0cqd_rb) to keep [tax breaks](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) for companies who .<br>
<br>[Producers transforming](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) [cooking oil](https://www.businessnews.com.au/Company/Mission-NewEnergy) into [biodiesel](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) [presently](https://www.zoominfo.com/c/mission-newenergy/346542889) [benefit](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) from a 20p [differential](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) however that is because of end next April.<br>
<br>The St Ives MP, who leads the Lib Dem [Environment](https://www.google.com/search?kgmid=/m/0cqd_rb) Team, has actually been [consulting](https://pitchbook.com/profiles/company/51278-86) with the UK sustainable [biodiesel](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) alliance.<br>
<br>Mr George said "a number of small companies in Cornwall presently make money from used cooking oil".<br>
<br>He included: "In order to have the ability to get this type of market going it does need just a bit of lift which is available in the type of tax inevitable."<br>
<br>[Biodiesel](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) is a mix of [traditional](https://www.google.com/search?kgmid=/m/0cqd_rb) diesel, [rapeseed](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) and [vegetable oils](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053).<br>
<br>Fuel from [pasties](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) to power cars<br>
<br>13 May 2011<br>
<br>Old [chip fat](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) powers Place ferryboat<br>
<br>15 June 2010<br>
<br>St [Ives Liberal](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) Democrats<br>