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Add MP Backs Biodiesel Tax Break Campaign

Ericka Provost 2025-01-12 08:48:25 +01:00
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<br>MP backs [biodiesel tax](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) break project<br>
<br>29 June 2011<br>
<br>[Liberal Democrat](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) [MP Andrew](https://pitchbook.com/profiles/company/51278-86) George is backing a [project](https://pitchbook.com/profiles/company/51278-86) to keep [tax breaks](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) for [business](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) 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](https://stocktwits.com/symbol/MNEL) cooking oil into [biodiesel](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) [presently benefit](https://www.bloomberg.com/profile/company/MNELF:US) from a 20p [differential](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) however that is because of end next April.<br>
<br>The St Ives MP, who leads the Lib Dem [Environment](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) Team, has been [meeting](https://www.businessnews.com.au/Company/Mission-NewEnergy) with the [UK sustainable](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) [biodiesel alliance](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).<br>
<br>Mr George said "a number of little companies in Cornwall presently earn money from utilized cooking oil".<br>
<br>He added: "In order to be able to get this kind of industry going it does need simply a little bit of lift which is available in the kind of tax inescapable."<br>
<br> is a blend of [standard](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) diesel, rapeseed and [vegetable oils](https://www.investing.com/equities/mission-newenergy-ltd-company-profile).<br>
<br>Fuel from [pasties](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) to [power cars](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) and trucks<br>
<br>13 May 2011<br>
<br>Old [chip fat](https://www.bloomberg.com/profile/company/MNELF:US) powers Place ferryboat<br>
<br>15 June 2010<br>
<br>St [Ives Liberal](https://www.businessnews.com.au/Company/Mission-NewEnergy) Democrats<br>