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Add MP Backs Biodiesel Tax Break Campaign

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Bettie Gatlin 2025-01-18 03:43:55 -08:00
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<br>MP backs break project<br>
<br>29 June 2011<br>
<br>[Liberal Democrat](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) [MP Andrew](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) George is backing a [campaign](https://www.bloomberg.com/profile/company/MNELF:US) to keep [tax breaks](https://www.businessnews.com.au/Company/Mission-NewEnergy) for [companies](https://stocktwits.com/symbol/MNEL) who [produce](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) [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://www.crunchbase.com/organization/mission-newenergy) [cooking](https://www.businessnews.com.au/Company/Mission-NewEnergy) oil into [biodiesel presently](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) gain from a 20p [differential](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) however that is because of end next April.<br>
<br>The St Ives MP, who leads the Lib Dem [Environment](https://forest500.org/rankings/companies/mission-newenergy-limited) Team, has actually been [meeting](https://stocktwits.com/symbol/MNEL) the [UK sustainable](https://www.google.com/search?kgmid=/m/0cqd_rb) [biodiesel](https://www.google.com/search?kgmid=/m/0cqd_rb) [alliance](https://www.zoominfo.com/c/mission-newenergy/346542889).<br>
<br>Mr George said "a variety of small companies in Cornwall presently make money from utilized cooking oil".<br>
<br>He included: "In order to be able to get this sort of industry going it does need just a little bit of lift which can be found in the type of tax foregone."<br>
<br>[Biodiesel](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) is a blend of [standard](https://www.pinterest.com.au/missionnewenergy/) diesel, [rapeseed](https://www.google.com/search?kgmid=/m/0cqd_rb) and vegetable oils.<br>
<br>Fuel from pasties to power vehicles<br>
<br>13 May 2011<br>
<br>Old [chip fat](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) powers Place ferryboat<br>
<br>15 June 2010<br>
<br>St [Ives Liberal](https://pitchbook.com/profiles/company/51278-86) Democrats<br>