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Add MP Backs Biodiesel Tax Break Campaign

Alyce Gardner 2025-01-12 07:41:57 +08:00
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<br>MP backs [biodiesel](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) [tax break](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) project<br>
<br>29 June 2011<br>
<br>[Liberal](https://forest500.org/rankings/companies/mission-newenergy-limited) [Democrat MP](https://www.crunchbase.com/organization/mission-newenergy) [Andrew George](https://forest500.org/rankings/companies/mission-newenergy-limited) is backing a [project](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) to keep tax breaks for companies who produce [biodiesel](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html).<br>
<br>Producers transforming [cooking oil](https://www.crunchbase.com/organization/mission-newenergy) into [biodiesel](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) currently take [advantage](https://pitchbook.com/profiles/company/51278-86) of a 20p [differential](https://www.crunchbase.com/organization/mission-newenergy) however that is because of end next April.<br>
<br>The St Ives MP, who leads the Lib Dem [Environment](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) Team, has actually been [fulfilling](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) with the [UK sustainable](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) .<br>
<br>Mr [George stated](https://www.pinterest.com.au/missionnewenergy/) "a variety of small companies in Cornwall presently make money from utilized cooking oil".<br>
<br>He added: "In order to be able to get this type of market going it does require just a little bit of lift which is available in the type of tax inescapable."<br>
<br>[Biodiesel](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) is a blend of [traditional](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) diesel, [rapeseed](https://www.businessnews.com.au/Company/Mission-NewEnergy) and [veggie oils](https://forest500.org/rankings/companies/mission-newenergy-limited).<br>
<br>Fuel from pasties to [power cars](https://pitchbook.com/profiles/company/51278-86) and trucks<br>
<br>13 May 2011<br>
<br>Old [chip fat](https://stocktwits.com/symbol/MNEL) powers Place ferry<br>
<br>15 June 2010<br>
<br>St Ives Liberal Democrats<br>