Add MP Backs Biodiesel Tax Break Campaign

Daniella Bieber 2025-01-12 04:24:18 +08:00
parent d48145530b
commit 1ab50f019e
1 changed files with 13 additions and 0 deletions

@ -0,0 +1,13 @@
<br>MP backs [biodiesel tax](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) break campaign<br>
<br>29 June 2011<br>
<br>[Liberal Democrat](https://www.google.com/search?kgmid=/m/0cqd_rb) [MP Andrew](https://www.businessnews.com.au/Company/Mission-NewEnergy) George is backing a [project](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) to keep [tax breaks](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) for [companies](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) who [produce](https://www.pinterest.com.au/missionnewenergy/) [biodiesel](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/).<br>
<br>[Producers transforming](https://www.pinterest.com.au/missionnewenergy/) oil into [biodiesel](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) [presently](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) take [advantage](https://www.bloomberg.com/profile/company/MNELF:US) of a 20p [differential](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) however that is due to end next April.<br>
<br>The St Ives MP, who leads the Lib Dem [Environment](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) Team, has actually been consulting with the [UK sustainable](https://www.pinterest.com.au/missionnewenergy/) [biodiesel](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) alliance.<br>
<br>Mr [George stated](https://www.pinterest.com.au/missionnewenergy/) "a number of small companies in Cornwall presently generate income from used 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 is available in the type of tax foregone."<br>
<br>[Biodiesel](https://www.bloomberg.com/profile/company/MNELF:US) is a mix of [conventional](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) diesel, rapeseed and vegetable oils.<br>
<br>Fuel from pasties to [power cars](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) and trucks<br>
<br>13 May 2011<br>
<br>Old chip fat powers Place ferryboat<br>
<br>15 June 2010<br>
<br>St [Ives Liberal](https://www.google.com/search?kgmid=/m/0cqd_rb) Democrats<br>