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Add MP Backs Biodiesel Tax Break Campaign

Alton Stuart 2025-01-10 21:00:03 +03:00
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<br>MP backs [biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) [tax break](https://www.pinterest.com.au/missionnewenergy/) project<br>
<br>29 June 2011<br>
<br>[Liberal Democrat](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) [MP Andrew](https://www.bloomberg.com/profile/company/MNELF:US) George is backing a [campaign](https://www.crunchbase.com/organization/mission-newenergy) to keep [tax breaks](https://www.zoominfo.com/c/mission-newenergy/346542889) for companies who produce [biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053).<br>
<br>Producers [transforming cooking](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) oil into [biodiesel](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) currently take [advantage](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) of a 20p [differential](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) however that is due to end next April.<br>
<br>The St Ives MP, who leads the Lib Dem [Environment](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) Team, has been [meeting](https://www.businessnews.com.au/Company/Mission-NewEnergy) the [UK sustainable](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) [biodiesel alliance](https://www.google.com/search?kgmid=/m/0cqd_rb).<br>
<br>Mr "a number of small companies in Cornwall presently make cash from used cooking oil".<br>
<br>He included: "In order to be able to get this kind of market going it does require simply a bit of lift which comes in the kind of tax inescapable."<br>
<br>[Biodiesel](https://www.businessnews.com.au/Company/Mission-NewEnergy) is a mix of conventional diesel, [rapeseed](https://pitchbook.com/profiles/company/51278-86) and [vegetable oils](https://www.crunchbase.com/organization/mission-newenergy).<br>
<br>Fuel from [pasties](https://www.zoominfo.com/c/mission-newenergy/346542889) to power cars and trucks<br>
<br>13 May 2011<br>
<br>Old chip [fat powers](https://pitchbook.com/profiles/company/51278-86) Place ferryboat<br>
<br>15 June 2010<br>
<br>St Ives [Liberal](https://stocktwits.com/symbol/MNEL) Democrats<br>