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Add MP Backs Biodiesel Tax Break Campaign

Alberto Given 2025-01-12 04:32:49 +00:00
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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 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.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) George is backing a to keep tax breaks for [business](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) who [produce](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) [biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053).<br>
<br>[Producers](https://www.google.com/search?kgmid=/m/0cqd_rb) [converting cooking](https://www.crunchbase.com/organization/mission-newenergy) oil into [biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) currently [benefit](https://www.businessnews.com.au/Company/Mission-NewEnergy) from a 20p [differential](https://www.crunchbase.com/organization/mission-newenergy) however that is due to end next April.<br>
<br>The St Ives MP, who leads the Lib Dem [Environment](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) Team, has been [fulfilling](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) with the [UK sustainable](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) [biodiesel](https://www.businessnews.com.au/Company/Mission-NewEnergy) [alliance](https://www.google.com/search?kgmid=/m/0cqd_rb).<br>
<br>Mr George said "a number of small companies in Cornwall presently make money from utilized cooking oil".<br>
<br>He included: "In order to be able to get this kind of industry going it does require simply a little bit of lift which can be found in the form of tax inescapable."<br>
<br>[Biodiesel](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) is a blend of [conventional](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) diesel, rapeseed and [veggie oils](https://forest500.org/rankings/companies/mission-newenergy-limited).<br>
<br>Fuel from [pasties](https://www.bloomberg.com/profile/company/MNELF:US) to power cars<br>
<br>13 May 2011<br>
<br>Old [chip fat](https://forest500.org/rankings/companies/mission-newenergy-limited) powers Place ferryboat<br>
<br>15 June 2010<br>
<br>St Ives Liberal Democrats<br>