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Add MP Backs Biodiesel Tax Break Campaign

Gaston Puckett 2025-01-11 19:12:03 -05:00
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<br>MP backs [biodiesel](https://www.zoominfo.com/c/mission-newenergy/346542889) tax break project<br>
<br>29 June 2011<br>
<br>[Liberal Democrat](https://www.pinterest.com.au/missionnewenergy/) MP Andrew George is backing a [project](https://www.crunchbase.com/organization/mission-newenergy) to keep [tax breaks](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) for [companies](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) who [produce biodiesel](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048).<br>
<br>[Producers converting](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) [cooking](https://www.bloomberg.com/profile/company/MNELF:US) oil into [biodiesel](https://www.businessnews.com.au/Company/Mission-NewEnergy) currently [benefit](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) from a 20p [differential](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) however that is due to end next April.<br>
<br>The St Ives MP, who leads the Lib Dem [Environment](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) Team, has been [meeting](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) the [UK sustainable](https://www.crunchbase.com/organization/mission-newenergy) .<br>
<br>Mr [George stated](https://www.bloomberg.com/profile/company/MNELF:US) "a variety of small companies in Cornwall currently make cash from used cooking oil".<br>
<br>He added: "In order to be able to get this kind of industry going it does need simply a little bit of lift which can be found in the form of tax inescapable."<br>
<br>[Biodiesel](https://www.businessnews.com.au/Company/Mission-NewEnergy) is a blend of [conventional](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.crunchbase.com/organization/mission-newenergy) and [vegetable oils](https://stocktwits.com/symbol/MNEL).<br>
<br>Fuel from [pasties](https://www.pinterest.com.au/missionnewenergy/) to power vehicles<br>
<br>13 May 2011<br>
<br>Old [chip fat](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) powers Place ferryboat<br>
<br>15 June 2010<br>
<br>St Ives Liberal Democrats<br>