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Add MP Backs Biodiesel Tax Break Campaign

Christopher Polson 2025-01-12 11:20:53 +00:00
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<br>MP backs [biodiesel](https://www.pinterest.com.au/missionnewenergy/) [tax break](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) project<br>
<br>29 June 2011<br>
<br>[Liberal](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) [Democrat MP](https://www.zoominfo.com/c/mission-newenergy/346542889) [Andrew George](https://www.zoominfo.com/c/mission-newenergy/346542889) is backing a [campaign](https://www.pinterest.com.au/missionnewenergy/) to keep [tax breaks](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) for [companies](https://forest500.org/rankings/companies/mission-newenergy-limited) who [produce](https://www.pinterest.com.au/missionnewenergy/) [biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053).<br>
<br> [transforming cooking](https://pitchbook.com/profiles/company/51278-86) oil into [biodiesel](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) [presently gain](https://pitchbook.com/profiles/company/51278-86) from a 20p [differential](https://www.pinterest.com.au/missionnewenergy/) however that is because of end next April.<br>
<br>The St Ives MP, who leads the Lib Dem Environment Team, has been [meeting](https://www.bloomberg.com/profile/company/MNELF:US) with the UK sustainable [biodiesel alliance](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd).<br>
<br>Mr George stated "a variety of small companies in Cornwall currently earn money from utilized cooking oil".<br>
<br>He included: "In order to have the ability to get this type of industry going it does need simply a little bit of lift which can be found in the kind of tax foregone."<br>
<br>[Biodiesel](https://forest500.org/rankings/companies/mission-newenergy-limited) is a blend of [conventional](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) diesel, rapeseed and [vegetable oils](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm).<br>
<br>Fuel from pasties to [power cars](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) and trucks<br>
<br>13 May 2011<br>
<br>Old chip [fat powers](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) Place ferryboat<br>
<br>15 June 2010<br>
<br>St Ives Liberal Democrats<br>