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Add MP Backs Biodiesel Tax Break Campaign

Gilbert Banvard 2025-01-11 23:35:02 +08:00
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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://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) campaign<br>
<br>29 June 2011<br>
<br>[Liberal Democrat](https://pitchbook.com/profiles/company/51278-86) [MP Andrew](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) George is backing a campaign to keep [tax breaks](https://forest500.org/rankings/companies/mission-newenergy-limited) for [business](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) who [produce](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) [biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053).<br>
<br>[Producers transforming](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) [cooking](https://www.zoominfo.com/c/mission-newenergy/346542889) oil into gain from a 20p [differential](https://forest500.org/rankings/companies/mission-newenergy-limited) but that is due to end next April.<br>
<br>The St Ives MP, who leads the Lib Dem [Environment](https://www.pinterest.com.au/missionnewenergy/) Team, has actually been [satisfying](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) with the [UK sustainable](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) [biodiesel](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) [alliance](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/).<br>
<br>Mr George said "a number of little businesses in Cornwall currently generate income from utilized cooking oil".<br>
<br>He included: "In order to be able to get this type of market going it does require simply a bit of lift which comes in the kind of tax foregone."<br>
<br>[Biodiesel](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) is a blend of traditional diesel, rapeseed and [vegetable oils](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html).<br>
<br>Fuel from [pasties](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) to power vehicles<br>
<br>13 May 2011<br>
<br>Old [chip fat](https://www.bloomberg.com/profile/company/MNELF:US) powers Place ferry<br>
<br>15 June 2010<br>
<br>St [Ives Liberal](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) Democrats<br>