commit 89e030e7afb1b73b02484cd7a5ed4d99115f2bc5 Author: marigoggins73 Date: Thu Jan 9 03:27:05 2025 +0800 Add MP Backs Biodiesel Tax Break Campaign diff --git a/MP-Backs-Biodiesel-Tax-Break-Campaign.md b/MP-Backs-Biodiesel-Tax-Break-Campaign.md new file mode 100644 index 0000000..e567bc9 --- /dev/null +++ b/MP-Backs-Biodiesel-Tax-Break-Campaign.md @@ -0,0 +1,13 @@ +
MP backs [biodiesel](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) tax break project
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29 June 2011
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Liberal Democrat MP Andrew George is backing a campaign to keep tax breaks for business who produce [biodiesel](https://www.missionnewenergy.com/).
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Producers transforming [cooking](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) oil into biodiesel currently benefit from a 20p differential but that is due to end next April.
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The St Ives MP, who leads the Lib Dem Team, has actually been meeting with the UK sustainable [biodiesel](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) alliance.
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Mr George said "a number of small companies in Cornwall presently earn money from used cooking oil".
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He added: "In order to have the ability to get this kind of market going it does require simply a little bit of lift which comes in the type of tax inevitable."
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[Biodiesel](https://stocktwits.com/symbol/MNEL) is a blend of conventional diesel, rapeseed and [vegetable oils](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/).
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Fuel from pasties to power vehicles
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13 May 2011
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Old chip fat powers Place ferry
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15 June 2010
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St [Ives Liberal](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) Democrats
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