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Add 'MP Backs Biodiesel Tax Break Campaign'

Myra Mairinger 2025-01-18 05:40:05 -06:00
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<br>MP backs [biodiesel tax](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) break project<br>
<br>29 June 2011<br>
<br>[Liberal Democrat](https://www.pinterest.com.au/missionnewenergy/) [MP Andrew](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) George is backing a project to keep for [companies](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) who [produce](https://stocktwits.com/symbol/MNEL) [biodiesel](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/).<br>
<br>[Producers converting](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) [cooking oil](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) into [biodiesel presently](https://www.zoominfo.com/c/mission-newenergy/346542889) gain from a 20p [differential](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) 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.zoominfo.com/c/mission-newenergy/346542889) with the [UK sustainable](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) [biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) [alliance](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price).<br>
<br>Mr George said "a number of small companies in Cornwall presently earn money from used cooking oil".<br>
<br>He included: "In order to be able to get this sort of market going it does require simply a bit of lift which is available in the kind of tax inescapable."<br>
<br>[Biodiesel](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) is a blend of [traditional](https://www.zoominfo.com/c/mission-newenergy/346542889) diesel, [rapeseed](https://stocktwits.com/symbol/MNEL) and [veggie oils](https://www.google.com/search?kgmid=/m/0cqd_rb).<br>
<br>Fuel from [pasties](https://www.crunchbase.com/organization/mission-newenergy) to power cars and trucks<br>
<br>13 May 2011<br>
<br>Old chip fat powers Place ferryboat<br>
<br>15 June 2010<br>
<br>St Ives [Liberal](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) Democrats<br>