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Add MP Backs Biodiesel Tax Break Campaign

Mason Maudsley 2025-01-18 04:35:50 +01:00
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<br>MP backs [biodiesel tax](https://www.businessnews.com.au/Company/Mission-NewEnergy) break project<br>
<br>29 June 2011<br>
<br>[Liberal Democrat](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) [MP Andrew](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) George is backing a [project](https://www.google.com/search?kgmid=/m/0cqd_rb) to keep [tax breaks](https://pitchbook.com/profiles/company/51278-86) for [companies](https://pitchbook.com/profiles/company/51278-86) who [produce](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) [biodiesel](https://www.investing.com/equities/mission-newenergy-ltd-company-profile).<br>
<br>[Producers converting](https://www.pinterest.com.au/missionnewenergy/) [cooking oil](https://www.businessnews.com.au/Company/Mission-NewEnergy) into [biodiesel](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) currently [benefit](https://pitchbook.com/profiles/company/51278-86) from a 20p [differential](https://www.bloomberg.com/profile/company/MNELF:US) however that is because of end next April.<br>
<br>The St Ives MP, who leads the Lib Dem [Environment](https://stocktwits.com/symbol/MNEL) Team, has actually been meeting with the [UK sustainable](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) [biodiesel](https://www.pinterest.com.au/missionnewenergy/) alliance.<br>
<br>Mr George stated "a number of small companies in Cornwall currently generate income from utilized cooking oil".<br>
<br>He added: "In order to be able to get this kind of market going it does require simply a little bit of lift which is available in the kind of tax inescapable."<br>
<br>[Biodiesel](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) is a blend of [standard](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) diesel, rapeseed and [veggie oils](https://www.bloomberg.com/profile/company/MNELF:US).<br>
<br>Fuel from to power automobiles<br>
<br>13 May 2011<br>
<br>Old [chip fat](https://www.bloomberg.com/profile/company/MNELF:US) powers Place ferry<br>
<br>15 June 2010<br>
<br>St [Ives Liberal](https://stocktwits.com/symbol/MNEL) Democrats<br>