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Add MP Backs Biodiesel Tax Break Campaign

Demetria Dehaven 2025-01-12 10:01:23 +08:00
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<br>MP backs [biodiesel tax](https://www.pinterest.com.au/missionnewenergy/) break campaign<br>
<br>29 June 2011<br>
<br>[Liberal Democrat](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) [MP Andrew](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) George is backing a [campaign](https://www.bloomberg.com/profile/company/MNELF:US) to keep [tax breaks](https://forest500.org/rankings/companies/mission-newenergy-limited) for [companies](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) who [produce biodiesel](https://www.google.com/search?kgmid=/m/0cqd_rb).<br>
<br>[Producers transforming](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) [cooking oil](https://www.bloomberg.com/profile/company/MNELF:US) into [biodiesel](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) [presently](https://www.crunchbase.com/organization/mission-newenergy) take [advantage](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) of a 20p [differential](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) but that is due to end next April.<br>
<br>The St Ives MP, who leads the Lib Dem Environment Team, has actually been [meeting](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) the [UK sustainable](https://forest500.org/rankings/companies/mission-newenergy-limited) [biodiesel alliance](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608).<br>
<br>Mr [George stated](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) "a number of little organizations in Cornwall presently earn money from utilized cooking oil".<br>
<br>He included: "In order to be able to get this kind of industry going it does need simply a bit of lift which is available in the form of tax inevitable."<br>
<br>[Biodiesel](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) is a mix of [conventional](https://stocktwits.com/symbol/MNEL) diesel, and [veggie oils](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd).<br>
<br>Fuel from pasties to power cars<br>
<br>13 May 2011<br>
<br>Old chip fat powers Place ferry<br>
<br>15 June 2010<br>
<br>St [Ives Liberal](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) Democrats<br>