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Add MP Backs Biodiesel Tax Break Campaign

Melisa Wyrick 2025-01-12 14:39:03 +03:00
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<br>MP backs [biodiesel](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) [tax break](https://www.crunchbase.com/organization/mission-newenergy) project<br>
<br>29 June 2011<br>
<br>[Liberal Democrat](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) MP Andrew George is backing a campaign to keep [tax breaks](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) for companies who [produce](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) [biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053).<br>
<br>[Producers converting](https://www.pinterest.com.au/missionnewenergy/) [cooking](https://www.businessnews.com.au/Company/Mission-NewEnergy) oil into [biodiesel presently](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) take [advantage](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) of a 20p [differential](https://www.bloomberg.com/profile/company/MNELF:US) but that is because of end next April.<br>
<br>The St Ives MP, who leads the Lib Dem Environment Team, has been meeting the [UK sustainable](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) [biodiesel](https://www.google.com/search?kgmid=/m/0cqd_rb) [alliance](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608).<br>
<br>Mr [George stated](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) "a variety of little organizations in Cornwall currently make cash from utilized cooking oil".<br>
<br>He added: "In order to have the ability to get this kind of industry going it does need simply a bit of lift which comes in the type of tax inevitable."<br>
<br>[Biodiesel](https://www.zoominfo.com/c/mission-newenergy/346542889) is a mix of [traditional](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) diesel, [rapeseed](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) and [vegetable oils](https://forest500.org/rankings/companies/mission-newenergy-limited).<br>
<br>Fuel from [pasties](https://www.zoominfo.com/c/mission-newenergy/346542889) to [power cars](https://www.crunchbase.com/organization/mission-newenergy) and trucks<br>
<br>13 May 2011<br>
<br>Old chip Place ferryboat<br>
<br>15 June 2010<br>
<br>St Ives Liberal Democrats<br>