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Add 'MP Backs Biodiesel Tax Break Campaign'

Mitzi Tedeschi 2025-01-12 00:45:01 -06:00
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MP-Backs-Biodiesel-Tax-Break-Campaign.md Normal file

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<br>MP backs [biodiesel tax](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) break project<br>
<br>29 June 2011<br>
<br>[Liberal Democrat](https://www.crunchbase.com/organization/mission-newenergy) MP [Andrew George](https://pitchbook.com/profiles/company/51278-86) is backing a [project](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) to keep [tax breaks](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) for [companies](https://stocktwits.com/symbol/MNEL) who [produce](https://www.crunchbase.com/organization/mission-newenergy) [biodiesel](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html).<br>
<br>[Producers transforming](https://pitchbook.com/profiles/company/51278-86) [cooking](https://forest500.org/rankings/companies/mission-newenergy-limited) oil into [biodiesel](https://pitchbook.com/profiles/company/51278-86) currently take [advantage](https://www.crunchbase.com/organization/mission-newenergy) of a 20p [differential](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) however that is due to end next April.<br>
<br>The St Ives MP, who leads the Lib Dem [Environment](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) Team, has actually been [consulting](https://www.bloomberg.com/profile/company/MNELF:US) with the [UK sustainable](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) .<br>
<br>Mr George said "a variety of little services in Cornwall presently generate income from utilized cooking oil".<br>
<br>He added: "In order to have the ability to get this sort of industry going it does require simply a bit of lift which is available in the form of tax inevitable."<br>
<br>[Biodiesel](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) is a mix of conventional diesel, [rapeseed](https://stocktwits.com/symbol/MNEL) and [veggie oils](https://stocktwits.com/symbol/MNEL).<br>
<br>Fuel from [pasties](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) to power vehicles<br>
<br>13 May 2011<br>
<br>Old [chip fat](https://www.crunchbase.com/organization/mission-newenergy) powers Place ferry<br>
<br>15 June 2010<br>
<br>St Ives Liberal Democrats<br>