Add MP Backs Biodiesel Tax Break Campaign

Charis Fults 2025-01-18 17:37:41 +08:00
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<br>MP backs [biodiesel](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) [tax break](https://stocktwits.com/symbol/MNEL) campaign<br>
<br>29 June 2011<br>
<br>[Liberal Democrat](https://www.crunchbase.com/organization/mission-newenergy) MP [Andrew George](https://www.businessnews.com.au/Company/Mission-NewEnergy) 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.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) who [produce biodiesel](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608).<br>
<br>[Producers transforming](https://www.bloomberg.com/profile/company/MNELF:US) [cooking oil](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) into [biodiesel](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) currently gain from a 20p however that is because of end next April.<br>
<br>The St Ives MP, who leads the Lib Dem [Environment](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) Team, has actually been [consulting](https://www.bloomberg.com/profile/company/MNELF:US) with the [UK sustainable](https://pitchbook.com/profiles/company/51278-86) [biodiesel alliance](https://www.zoominfo.com/c/mission-newenergy/346542889).<br>
<br>Mr George said "a number of small organizations in Cornwall currently earn money from utilized cooking oil".<br>
<br>He added: "In order to have the ability to get this kind of market going it does require just a little bit of lift which is available in the type of tax foregone."<br>
<br>[Biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) is a blend of [standard](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) diesel, [rapeseed](https://stocktwits.com/symbol/MNEL) and [vegetable oils](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price).<br>
<br>Fuel from pasties to [power cars](https://www.google.com/search?kgmid=/m/0cqd_rb) and trucks<br>
<br>13 May 2011<br>
<br>Old chip fat powers Place ferry<br>
<br>15 June 2010<br>
<br>St Ives [Liberal](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) Democrats<br>