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Add MP Backs Biodiesel Tax Break Campaign

Anthony Whitely 2025-01-12 12:39:28 +08:00
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<br>MP backs [biodiesel tax](https://pitchbook.com/profiles/company/51278-86) break project<br>
<br>29 June 2011<br>
<br>[Liberal Democrat](https://www.pinterest.com.au/missionnewenergy/) [MP Andrew](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) George is backing a [campaign](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) to keep [tax breaks](https://www.pinterest.com.au/missionnewenergy/) for [business](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) who [produce](https://pitchbook.com/profiles/company/51278-86) [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://stocktwits.com/symbol/MNEL) cooking oil into [biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) [presently](https://forest500.org/rankings/companies/mission-newenergy-limited) take [advantage](https://pitchbook.com/profiles/company/51278-86) of a 20p however that is due to end next April.<br>
<br>The St Ives MP, who leads the Lib Dem Environment Team, has actually been [consulting](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) with the UK sustainable [biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) [alliance](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html).<br>
<br>Mr [George stated](https://www.bloomberg.com/profile/company/MNELF:US) "a number of small companies in Cornwall currently make money from utilized cooking oil".<br>
<br>He included: "In order to be able to get this kind of industry going it does need just a little bit of lift which comes in the type of tax inescapable."<br>
<br>[Biodiesel](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) is a mix of [traditional](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) diesel, [rapeseed](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) and [veggie oils](https://www.businessnews.com.au/Company/Mission-NewEnergy).<br>
<br>Fuel from pasties to power cars and trucks<br>
<br>13 May 2011<br>
<br>Old chip [fat powers](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) Place ferryboat<br>
<br>15 June 2010<br>
<br>St Ives Liberal Democrats<br>