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Add MP Backs Biodiesel Tax Break Campaign

Coral Broger 2025-01-16 04:39:35 +00:00
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<br>MP backs [biodiesel tax](https://www.zoominfo.com/c/mission-newenergy/346542889) break project<br>
<br>29 June 2011<br>
<br>[Liberal Democrat](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) [MP Andrew](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) George is backing a [project](https://www.businessnews.com.au/Company/Mission-NewEnergy) to keep tax breaks for [business](https://www.zoominfo.com/c/mission-newenergy/346542889) who [produce](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) [biodiesel](https://pitchbook.com/profiles/company/51278-86).<br>
<br>[Producers converting](https://stocktwits.com/symbol/MNEL) [cooking oil](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) into [biodiesel](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) currently gain from a 20p [differential](https://www.pinterest.com.au/missionnewenergy/) but that is because of end next April.<br>
<br>The St Ives MP, who leads the Lib Dem [Environment](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) Team, has been [consulting](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) with the [UK sustainable](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) [biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) alliance.<br>
<br>Mr [George stated](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) "a variety of small companies in Cornwall currently earn money from used cooking oil".<br>
<br>He included: "In order to have the ability to get this type of industry going it does need just a bit of lift which can be found in the kind of tax inescapable."<br>
<br>[Biodiesel](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) is a blend of [conventional](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) diesel, [rapeseed](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) and .<br>
<br>Fuel from [pasties](https://stocktwits.com/symbol/MNEL) to power cars and trucks<br>
<br>13 May 2011<br>
<br>Old [chip fat](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) powers Place ferryboat<br>
<br>15 June 2010<br>
<br>St Ives Liberal Democrats<br>