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Add MP Backs Biodiesel Tax Break Campaign

Mitzi Kimmel 2025-01-12 01:26:50 +08:00
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<br>MP backs [biodiesel](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) [tax break](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) campaign<br>
<br>29 June 2011<br>
<br>[Liberal Democrat](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) [MP Andrew](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) George is backing a [campaign](https://www.google.com/search?kgmid=/m/0cqd_rb) to keep [tax breaks](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) for [companies](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) who [produce biodiesel](https://www.pinterest.com.au/missionnewenergy/).<br>
<br>[Producers](https://stocktwits.com/symbol/MNEL) [converting cooking](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) oil into [biodiesel presently](https://www.bloomberg.com/profile/company/MNELF:US) gain from a 20p [differential](https://forest500.org/rankings/companies/mission-newenergy-limited) however that is due to 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 with the [UK sustainable](https://forest500.org/rankings/companies/mission-newenergy-limited) [biodiesel alliance](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048).<br>
<br>Mr [George stated](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) "a number of small companies in Cornwall presently generate income from used cooking oil".<br>
<br>He added: "In order to be able to get this kind of industry going it does require simply a bit of lift which can be found in the form of tax inescapable."<br>
<br>[Biodiesel](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) is a mix of [conventional](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) diesel, rapeseed and [veggie oils](https://www.pinterest.com.au/missionnewenergy/).<br>
<br>Fuel from [pasties](https://forest500.org/rankings/companies/mission-newenergy-limited) to [power cars](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) and trucks<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>