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Add MP Backs Biodiesel Tax Break Campaign

Dotty Priest 2025-01-17 23:20:59 +00:00
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<br>MP backs [biodiesel](https://www.pinterest.com.au/missionnewenergy/) [tax break](https://www.pinterest.com.au/missionnewenergy/) campaign<br>
<br>29 June 2011<br>
<br>[Liberal Democrat](https://stocktwits.com/symbol/MNEL) [MP Andrew](https://forest500.org/rankings/companies/mission-newenergy-limited) George is backing a [campaign](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) to keep [tax breaks](https://forest500.org/rankings/companies/mission-newenergy-limited) for [business](https://www.google.com/search?kgmid=/m/0cqd_rb) who [produce](https://forest500.org/rankings/companies/mission-newenergy-limited) [biodiesel](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html).<br>
<br>[Producers transforming](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) [cooking oil](https://www.bloomberg.com/profile/company/MNELF:US) into [biodiesel](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) [presently](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) gain from a 20p [differential](https://forest500.org/rankings/companies/mission-newenergy-limited) but that is because of end next April.<br>
<br>The St Ives MP, who leads the Lib Dem [Environment](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) Team, has actually been with the [UK sustainable](https://stocktwits.com/symbol/MNEL) [biodiesel alliance](https://www.crunchbase.com/organization/mission-newenergy).<br>
<br>Mr George said "a variety of small companies in Cornwall presently make cash from used cooking oil".<br>
<br>He included: "In order to be able to get this type of market going it does require simply a bit of lift which is available in the type of tax inescapable."<br>
<br>[Biodiesel](https://www.pinterest.com.au/missionnewenergy/) is a mix of [traditional](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) diesel, rapeseed and [veggie oils](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).<br>
<br>Fuel from [pasties](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) to power cars<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>