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Add MP Backs Biodiesel Tax Break Campaign

Ted Sconce 2025-01-18 06:17:41 +00:00
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<br>MP backs [biodiesel tax](https://pitchbook.com/profiles/company/51278-86) break campaign<br>
<br>29 June 2011<br>
<br> [MP Andrew](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) George is backing a [project](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) to keep [tax breaks](https://www.crunchbase.com/organization/mission-newenergy) for [business](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) who [produce](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) [biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053).<br>
<br>[Producers transforming](https://pitchbook.com/profiles/company/51278-86) [cooking](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) oil into [biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) currently gain from a 20p [differential](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) however that is because of end next April.<br>
<br>The St Ives MP, who leads the Lib Dem [Environment](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) Team, has been [consulting](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) with the UK sustainable [biodiesel](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) [alliance](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm).<br>
<br>Mr George said "a number of small businesses in Cornwall currently generate income from utilized cooking oil".<br>
<br>He added: "In order to have the ability to get this sort of industry going it does require just a little bit of lift which can be found in the type of tax inescapable."<br>
<br>[Biodiesel](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) is a blend of [standard](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) diesel, [rapeseed](https://www.google.com/search?kgmid=/m/0cqd_rb) and [vegetable oils](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd).<br>
<br>Fuel from [pasties](https://www.zoominfo.com/c/mission-newenergy/346542889) to power vehicles<br>
<br>13 May 2011<br>
<br>Old [chip fat](https://www.crunchbase.com/organization/mission-newenergy) powers Place ferry<br>
<br>15 June 2010<br>
<br>St Ives Liberal Democrats<br>