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Add MP Backs Biodiesel Tax Break Campaign

Mari Duncan 2025-01-12 19:09:17 +08:00
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<br>MP backs break project<br>
<br>29 June 2011<br>
<br>[Liberal Democrat](https://www.zoominfo.com/c/mission-newenergy/346542889) [MP Andrew](https://forest500.org/rankings/companies/mission-newenergy-limited) George is backing a [project](https://www.bloomberg.com/profile/company/MNELF:US) to keep [tax breaks](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) for [business](https://www.crunchbase.com/organization/mission-newenergy) who produce [biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053).<br>
<br>Producers converting [cooking](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) oil into [biodiesel](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) [presently gain](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) from a 20p [differential](https://www.bloomberg.com/profile/company/MNELF:US) but that is because of end next April.<br>
<br>The St Ives MP, who leads the Lib Dem [Environment](https://www.businessnews.com.au/Company/Mission-NewEnergy) Team, has been [meeting](https://www.zoominfo.com/c/mission-newenergy/346542889) the [UK sustainable](https://www.pinterest.com.au/missionnewenergy/) [biodiesel](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) [alliance](https://stocktwits.com/symbol/MNEL).<br>
<br>Mr [George stated](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) "a number of small businesses in Cornwall presently make cash from utilized cooking oil".<br>
<br>He included: "In order to have the ability to get this sort of market going it does require simply a bit of lift which comes in the type of tax inescapable."<br>
<br>[Biodiesel](https://www.businessnews.com.au/Company/Mission-NewEnergy) is a mix of [traditional](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) diesel, [rapeseed](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) and [vegetable oils](https://www.businessnews.com.au/Company/Mission-NewEnergy).<br>
<br>Fuel from [pasties](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) to power vehicles<br>
<br>13 May 2011<br>
<br>Old chip fat powers Place ferry<br>
<br>15 June 2010<br>
<br>St Ives Liberal Democrats<br>