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Add MP Backs Biodiesel Tax Break Campaign

Kathi Herz 2025-01-11 22:03:29 +08:00
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<br>MP backs [biodiesel](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) [tax break](https://pitchbook.com/profiles/company/51278-86) campaign<br>
<br>29 June 2011<br>
<br>[Liberal Democrat](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) [MP Andrew](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) George is backing a project to keep tax breaks for business who [produce](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) [biodiesel](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048).<br>
<br>[Producers transforming](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) [cooking oil](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) into [biodiesel](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) [presently benefit](https://www.bloomberg.com/profile/company/MNELF:US) from a 20p [differential](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) but that is because of end next April.<br>
<br>The St Ives MP, who leads the Lib Dem [Environment](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) Team, has actually been [meeting](https://www.businessnews.com.au/Company/Mission-NewEnergy) with the [UK sustainable](https://www.zoominfo.com/c/mission-newenergy/346542889) [biodiesel](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) [alliance](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html).<br>
<br>Mr George said "a variety of small companies in Cornwall presently generate income from utilized cooking oil".<br>
<br>He added: "In order to have the ability to get this kind of market going it does require just a bit of lift which can be found in the form of tax inevitable."<br>
<br> is a mix of [conventional](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) diesel, [rapeseed](https://www.crunchbase.com/organization/mission-newenergy) and [veggie oils](https://www.pinterest.com.au/missionnewenergy/).<br>
<br>Fuel from pasties to power cars<br>
<br>13 May 2011<br>
<br>Old [chip fat](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) powers Place ferry<br>
<br>15 June 2010<br>
<br>St [Ives Liberal](https://forest500.org/rankings/companies/mission-newenergy-limited) Democrats<br>