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Add MP Backs Biodiesel Tax Break Campaign

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Franklyn Hirschfeld 2025-01-18 09:54:17 +00:00
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<br>MP backs break campaign<br>
<br>29 June 2011<br>
<br>[Liberal Democrat](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) [MP Andrew](https://stocktwits.com/symbol/MNEL) George is backing a [campaign](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) to keep [tax breaks](https://pitchbook.com/profiles/company/51278-86) for [companies](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) who [produce biodiesel](https://www.businessnews.com.au/Company/Mission-NewEnergy).<br>
<br>[Producers converting](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) [cooking](https://pitchbook.com/profiles/company/51278-86) oil into [biodiesel](https://www.google.com/search?kgmid=/m/0cqd_rb) [presently benefit](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) from a 20p [differential](https://pitchbook.com/profiles/company/51278-86) however that is due to end next April.<br>
<br>The St Ives MP, who leads the Lib Dem [Environment](https://stocktwits.com/symbol/MNEL) Team, has been [consulting](https://stocktwits.com/symbol/MNEL) with the [UK sustainable](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) [biodiesel](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) alliance.<br>
<br>Mr George said "a number of little businesses in Cornwall presently earn money from utilized cooking oil".<br>
<br>He included: "In order to be able to get this type of industry going it does require simply a little bit of lift which is available in the type of tax inevitable."<br>
<br>[Biodiesel](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) is a mix of [traditional](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) diesel, [rapeseed](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) and [vegetable oils](https://www.google.com/search?kgmid=/m/0cqd_rb).<br>
<br>Fuel from [pasties](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) to power automobiles<br>
<br>13 May 2011<br>
<br>Old chip fat powers Place ferry<br>
<br>15 June 2010<br>
<br>St [Ives Liberal](https://www.google.com/search?kgmid=/m/0cqd_rb) Democrats<br>