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Add MP Backs Biodiesel Tax Break Campaign

Adriene Drennen 2025-01-17 20:37:31 +01:00
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<br>MP backs [biodiesel](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) [tax break](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) project<br>
<br>29 June 2011<br>
<br>[Liberal](https://pitchbook.com/profiles/company/51278-86) [Democrat](https://forest500.org/rankings/companies/mission-newenergy-limited) [MP Andrew](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) George is backing a [campaign](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) to keep [tax breaks](https://stocktwits.com/symbol/MNEL) for [business](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) who [produce](https://pitchbook.com/profiles/company/51278-86) [biodiesel](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd).<br>
<br>[Producers converting](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) [cooking oil](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) into [biodiesel](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) [presently](https://www.businessnews.com.au/Company/Mission-NewEnergy) gain from a 20p [differential](https://forest500.org/rankings/companies/mission-newenergy-limited) 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 [biodiesel alliance](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048).<br>
<br>Mr [George stated](https://www.zoominfo.com/c/mission-newenergy/346542889) "a variety of small organizations in Cornwall currently generate income from utilized cooking oil".<br>
<br>He added: "In order to have the ability to get this kind of industry going it does require simply a little bit of lift which can be found in the form of tax inescapable."<br>
<br>[Biodiesel](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) is a mix of traditional diesel, rapeseed and .<br>
<br>Fuel from [pasties](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) to power automobiles<br>
<br>13 May 2011<br>
<br>Old [chip fat](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) powers Place ferry<br>
<br>15 June 2010<br>
<br>St [Ives Liberal](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) Democrats<br>