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Add MP Backs Biodiesel Tax Break Campaign

Elijah Igo 2025-01-12 06:22:05 +08:00
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<br>MP backs [biodiesel tax](https://www.businessnews.com.au/Company/Mission-NewEnergy) break project<br>
<br>29 June 2011<br>
<br>[Liberal Democrat](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) [MP Andrew](https://www.bloomberg.com/profile/company/MNELF:US) George is backing a [project](https://www.google.com/search?kgmid=/m/0cqd_rb) to keep for [business](https://stocktwits.com/symbol/MNEL) who [produce biodiesel](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608).<br>
<br>[Producers](https://www.crunchbase.com/organization/mission-newenergy) [transforming](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) [cooking](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) oil into [biodiesel](https://stocktwits.com/symbol/MNEL) currently gain from a 20p [differential](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) however that is because of end next April.<br>
<br>The St Ives MP, who leads the Lib Dem [Environment](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) Team, has been meeting the UK sustainable [biodiesel](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) [alliance](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608).<br>
<br>Mr George stated "a number of small companies in Cornwall currently earn money from used cooking oil".<br>
<br>He included: "In order to be able to get this sort of market going it does require simply a bit of lift which is available in the form of tax inevitable."<br>
<br>[Biodiesel](https://www.businessnews.com.au/Company/Mission-NewEnergy) is a blend of [standard](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) diesel, [rapeseed](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) and [veggie oils](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm).<br>
<br>Fuel from [pasties](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) to power cars<br>
<br>13 May 2011<br>
<br>Old [chip fat](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) powers Place ferryboat<br>
<br>15 June 2010<br>
<br>St [Ives Liberal](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) Democrats<br>