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Add MP Backs Biodiesel Tax Break Campaign

Verla Jaynes 2025-01-12 11:36:24 +08:00
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<br>MP backs [biodiesel](https://www.crunchbase.com/organization/mission-newenergy) tax break project<br>
<br>29 June 2011<br>
<br>Liberal Democrat MP Andrew George is backing a [campaign](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](https://pitchbook.com/profiles/company/51278-86) for [business](https://stocktwits.com/symbol/MNEL) who [produce](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) [biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053).<br>
<br>[Producers converting](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) [cooking](https://www.bloomberg.com/profile/company/MNELF:US) oil into [biodiesel presently](https://www.google.com/search?kgmid=/m/0cqd_rb) [benefit](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) from a 20p [differential](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) but that is due to end next April.<br>
<br>The St Ives MP, who leads the Lib Dem [Environment](https://stocktwits.com/symbol/MNEL) Team, has been [meeting](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) the [UK sustainable](https://www.zoominfo.com/c/mission-newenergy/346542889) [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 said "a number of small companies in Cornwall currently generate income from utilized cooking oil".<br>
<br>He added: "In order to be able to get this type of market going it does need simply a little bit of lift which is available in the kind of tax inevitable."<br>
<br>[Biodiesel](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) is a mix of [traditional](https://stocktwits.com/symbol/MNEL) diesel, [rapeseed](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) and .<br>
<br>Fuel from pasties to power cars and trucks<br>
<br>13 May 2011<br>
<br>Old chip [fat powers](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) Place ferry<br>
<br>15 June 2010<br>
<br>St [Ives Liberal](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) Democrats<br>