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Add MP Backs Biodiesel Tax Break Campaign

Betsy Froggatt 2025-01-18 03:57:28 +00:00
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<br>MP backs [biodiesel tax](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) break campaign<br>
<br>29 June 2011<br>
<br>[Liberal Democrat](https://pitchbook.com/profiles/company/51278-86) MP Andrew George is backing a [project](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) to keep [tax breaks](https://www.google.com/search?kgmid=/m/0cqd_rb) for [business](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) who [produce](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) [biodiesel](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html).<br>
<br>[Producers](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) [converting cooking](https://pitchbook.com/profiles/company/51278-86) oil into [biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) [presently gain](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) from a 20p [differential](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) but that is because of end next April.<br>
<br>The St Ives MP, who leads the Lib Dem [Environment](https://www.zoominfo.com/c/mission-newenergy/346542889) Team, has been [consulting](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) with the [UK sustainable](https://www.bloomberg.com/profile/company/MNELF:US) [biodiesel alliance](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/).<br>
<br>Mr George said "a variety of little services in Cornwall currently make cash from utilized cooking oil".<br>
<br>He included: "In order to have the ability to get this type of market going it does need simply a bit of lift which can be found in the kind of tax inescapable."<br>
<br>[Biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) is a mix of [traditional](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) diesel, [rapeseed](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) and [vegetable oils](https://forest500.org/rankings/companies/mission-newenergy-limited).<br>
<br>Fuel from pasties to power cars<br>
<br>13 May 2011<br>
<br>Old [chip fat](https://www.google.com/search?kgmid=/m/0cqd_rb) powers Place ferryboat<br>
<br>15 June 2010<br>
<br>St Democrats<br>