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Add MP Backs Biodiesel Tax Break Campaign

Melba Tolliver 2025-01-18 06:05:04 +08:00
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<br>MP backs [biodiesel](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) [tax break](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) project<br>
<br>29 June 2011<br>
<br>[Liberal Democrat](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) [MP Andrew](https://pitchbook.com/profiles/company/51278-86) George is backing a campaign to keep [tax breaks](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) for [companies](https://www.businessnews.com.au/Company/Mission-NewEnergy) who [produce](https://www.google.com/search?kgmid=/m/0cqd_rb) [biodiesel](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd).<br>
<br>[Producers](https://forest500.org/rankings/companies/mission-newenergy-limited) oil into [biodiesel](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) [presently](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) take [advantage](https://www.businessnews.com.au/Company/Mission-NewEnergy) of a 20p [differential](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) but that is due to end next April.<br>
<br>The St Ives MP, who leads the Lib Dem [Environment](https://www.crunchbase.com/organization/mission-newenergy) Team, has been meeting with the UK sustainable [biodiesel](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) [alliance](https://pitchbook.com/profiles/company/51278-86).<br>
<br>Mr George said "a number of small businesses in Cornwall presently make money from used cooking oil".<br>
<br>He included: "In order to be able to get this type of industry going it does need simply a little bit of lift which is available in the kind of tax inescapable."<br>
<br>[Biodiesel](https://www.crunchbase.com/organization/mission-newenergy) is a blend of standard diesel, [rapeseed](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) and [vegetable oils](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608).<br>
<br>Fuel from [pasties](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) to power automobiles<br>
<br>13 May 2011<br>
<br>Old [chip fat](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) powers Place ferry<br>
<br>15 June 2010<br>
<br>St Ives Liberal Democrats<br>