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Add MP Backs Biodiesel Tax Break Campaign

Aaron Olivares 2025-01-12 12:33:53 +08:00
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<br>MP backs [biodiesel](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) [tax break](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) project<br>
<br>29 June 2011<br>
<br>[Liberal Democrat](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) [MP Andrew](https://forest500.org/rankings/companies/mission-newenergy-limited) George is backing a [campaign](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) to keep [tax breaks](https://forest500.org/rankings/companies/mission-newenergy-limited) for [business](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) who produce [biodiesel](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html).<br>
<br>[Producers transforming](https://www.bloomberg.com/profile/company/MNELF:US) [cooking oil](https://stocktwits.com/symbol/MNEL) into [biodiesel](https://www.zoominfo.com/c/mission-newenergy/346542889) presently take advantage of a 20p but 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 [meeting](https://www.crunchbase.com/organization/mission-newenergy) with the [UK sustainable](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) [biodiesel](https://forest500.org/rankings/companies/mission-newenergy-limited) [alliance](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html).<br>
<br>Mr George said "a number of small companies in Cornwall presently generate income from utilized cooking oil".<br>
<br>He added: "In order to have the ability to get this sort of market going it does need simply a little bit of lift which can be found in the type of tax inescapable."<br>
<br>[Biodiesel](https://www.crunchbase.com/organization/mission-newenergy) is a mix of standard 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/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) to power automobiles<br>
<br>13 May 2011<br>
<br>Old [chip fat](https://www.zoominfo.com/c/mission-newenergy/346542889) powers Place ferryboat<br>
<br>15 June 2010<br>
<br>St [Ives Liberal](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) Democrats<br>