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Add MP Backs Biodiesel Tax Break Campaign

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Karissa Bridges 2025-01-17 22:13:27 +00:00
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<br>MP backs [biodiesel](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) [tax break](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) campaign<br>
<br>29 June 2011<br>
<br>[Liberal Democrat](https://www.zoominfo.com/c/mission-newenergy/346542889) MP Andrew George is backing a [project](https://www.google.com/search?kgmid=/m/0cqd_rb) to keep [tax breaks](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) for [companies](https://pitchbook.com/profiles/company/51278-86) who [produce](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) [biodiesel](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html).<br>
<br>[Producers](https://forest500.org/rankings/companies/mission-newenergy-limited) [transforming cooking](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) oil into [biodiesel](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) currently benefit from a 20p but that is due to end next April.<br>
<br>The St Ives MP, who leads the Lib Dem Environment Team, has been [fulfilling](https://www.pinterest.com.au/missionnewenergy/) with the UK sustainable [biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) [alliance](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/).<br>
<br>Mr [George stated](https://forest500.org/rankings/companies/mission-newenergy-limited) "a variety of little businesses in Cornwall presently make cash from used cooking oil".<br>
<br>He included: "In order to have the ability to get this kind of market going it does require simply a bit of lift which is available in the type of tax inescapable."<br>
<br>[Biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) is a mix of conventional diesel, rapeseed and [vegetable oils](https://pitchbook.com/profiles/company/51278-86).<br>
<br>Fuel from [pasties](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) to [power cars](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) and trucks<br>
<br>13 May 2011<br>
<br>Old chip [fat powers](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) Place ferryboat<br>
<br>15 June 2010<br>
<br>St Ives [Liberal](https://www.crunchbase.com/organization/mission-newenergy) Democrats<br>