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Add MP Backs Biodiesel Tax Break Campaign

Jaxon Zielinski 2025-01-18 14:16:53 +08:00
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<br>MP backs [biodiesel tax](https://forest500.org/rankings/companies/mission-newenergy-limited) break campaign<br>
<br>29 June 2011<br>
<br>[Liberal Democrat](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) [MP Andrew](https://www.crunchbase.com/organization/mission-newenergy) George is backing a [project](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) to keep [tax breaks](https://www.crunchbase.com/organization/mission-newenergy) for [companies](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) who .<br>
<br>[Producers converting](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) [cooking oil](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) into [biodiesel](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) currently gain 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://stocktwits.com/symbol/MNEL) Team, has actually been [fulfilling](https://pitchbook.com/profiles/company/51278-86) with the [UK sustainable](https://www.google.com/search?kgmid=/m/0cqd_rb) [biodiesel](https://www.google.com/search?kgmid=/m/0cqd_rb) [alliance](https://www.zoominfo.com/c/mission-newenergy/346542889).<br>
<br>Mr George said "a number of small companies in Cornwall currently make money from utilized cooking oil".<br>
<br>He included: "In order to have the ability to get this type of industry going it does need simply a little bit of lift which comes in the kind of tax foregone."<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://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) diesel, rapeseed and [veggie oils](https://www.google.com/search?kgmid=/m/0cqd_rb).<br>
<br>Fuel from [pasties](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) to [power cars](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) and trucks<br>
<br>13 May 2011<br>
<br>Old [chip fat](https://pitchbook.com/profiles/company/51278-86) powers Place ferryboat<br>
<br>15 June 2010<br>
<br>St Ives Liberal Democrats<br>