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Add MP Backs Biodiesel Tax Break Campaign

Dolores Caswell 2025-01-11 18:27:13 -05:00
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<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 project<br>
<br>29 June 2011<br>
<br>[Liberal Democrat](https://www.zoominfo.com/c/mission-newenergy/346542889) [MP Andrew](https://www.zoominfo.com/c/mission-newenergy/346542889) George is backing a [project](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) to keep for business who [produce](https://www.businessnews.com.au/Company/Mission-NewEnergy) [biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053).<br>
<br>[Producers](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) [converting cooking](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) oil into [biodiesel](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) currently benefit from a 20p [differential](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) but that is due to end next April.<br>
<br>The St Ives MP, who leads the Lib Dem Environment Team, has been [meeting](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) with the [UK sustainable](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) [biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) alliance.<br>
<br>Mr [George stated](https://www.crunchbase.com/organization/mission-newenergy) "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 type of industry going it does require just a bit of lift which comes in the form of tax inevitable."<br>
<br>[Biodiesel](https://www.google.com/search?kgmid=/m/0cqd_rb) is a blend of [standard](https://www.google.com/search?kgmid=/m/0cqd_rb) diesel, [rapeseed](https://forest500.org/rankings/companies/mission-newenergy-limited) and [veggie oils](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608).<br>
<br>Fuel from [pasties](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) to power vehicles<br>
<br>13 May 2011<br>
<br>Old [chip fat](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) powers Place ferry<br>
<br>15 June 2010<br>
<br>St [Ives Liberal](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) Democrats<br>