From cd56a078eee122be4f92ca8e3c041c7a70d66e0a Mon Sep 17 00:00:00 2001 From: Claribel Quezada Date: Sat, 18 Jan 2025 13:03:20 +0100 Subject: [PATCH] Add MP Backs Biodiesel Tax Break Campaign --- MP-Backs-Biodiesel-Tax-Break-Campaign.md | 13 +++++++++++++ 1 file changed, 13 insertions(+) create mode 100644 MP-Backs-Biodiesel-Tax-Break-Campaign.md diff --git a/MP-Backs-Biodiesel-Tax-Break-Campaign.md b/MP-Backs-Biodiesel-Tax-Break-Campaign.md new file mode 100644 index 0000000..3735441 --- /dev/null +++ b/MP-Backs-Biodiesel-Tax-Break-Campaign.md @@ -0,0 +1,13 @@ +
MP backs [biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) tax break campaign
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29 June 2011
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Liberal [Democrat MP](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) [Andrew George](https://www.google.com/search?kgmid=/m/0cqd_rb) is backing a campaign to keep tax breaks for [companies](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) who [produce](https://forest500.org/rankings/companies/mission-newenergy-limited) [biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053).
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Producers [converting](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) [cooking oil](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) into [biodiesel](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) currently [benefit](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) from a 20p [differential](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) but that is due to end next April.
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The St Ives MP, who leads the Lib Dem [Environment](https://forest500.org/rankings/companies/mission-newenergy-limited) Team, has actually been [satisfying](https://pitchbook.com/profiles/company/51278-86) with the [UK sustainable](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) [biodiesel](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) [alliance](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608).
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Mr George said "a number of little companies in Cornwall presently earn money from used cooking oil".
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He added: "In order to have the ability to get this kind of industry going it does need simply a little bit of lift which can be found in the type of tax inescapable."
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[Biodiesel](https://www.businessnews.com.au/Company/Mission-NewEnergy) is a blend of [traditional](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) diesel, [rapeseed](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) and [vegetable oils](https://forest500.org/rankings/companies/mission-newenergy-limited).
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Fuel from [pasties](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) to power cars
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13 May 2011
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Old powers Place ferry
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15 June 2010
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St Ives Liberal Democrats
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