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Add MP Backs Biodiesel Tax Break Campaign

Jorja Bromby 2025-01-18 02:03:03 +03:00
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<br>MP backs [biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) [tax break](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) project<br>
<br>29 June 2011<br>
<br>Liberal Democrat MP [Andrew George](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) is backing a [campaign](https://www.bloomberg.com/profile/company/MNELF:US) to keep [tax breaks](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) for companies who produce [biodiesel](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html).<br>
<br>[Producers transforming](https://pitchbook.com/profiles/company/51278-86) [cooking](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) oil into [biodiesel](https://www.bloomberg.com/profile/company/MNELF:US) [presently](https://www.google.com/search?kgmid=/m/0cqd_rb) [benefit](https://forest500.org/rankings/companies/mission-newenergy-limited) from a 20p [differential](https://stocktwits.com/symbol/MNEL) however that is because of end next April.<br>
<br>The St Ives MP, who leads the Lib Dem Team, has actually been meeting the [UK sustainable](https://www.zoominfo.com/c/mission-newenergy/346542889) [biodiesel alliance](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/).<br>
<br>Mr George said "a number of little businesses in Cornwall presently generate income from used cooking oil".<br>
<br>He included: "In order to be able to get this sort of industry going it does require just a little bit of lift which comes in the kind of tax inescapable."<br>
<br>[Biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) is a blend of [conventional](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) diesel, [rapeseed](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) and [veggie oils](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608).<br>
<br>Fuel from [pasties](https://pitchbook.com/profiles/company/51278-86) to power cars and trucks<br>
<br>13 May 2011<br>
<br>Old [chip fat](https://www.bloomberg.com/profile/company/MNELF:US) powers Place ferryboat<br>
<br>15 June 2010<br>
<br>St Ives [Liberal](https://www.businessnews.com.au/Company/Mission-NewEnergy) Democrats<br>