Add 'MP Backs Biodiesel Tax Break Campaign'

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Nate Grooms 3 months ago
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<br>MP backs [biodiesel](https://www.pinterest.com.au/missionnewenergy/) [tax break](https://www.businessnews.com.au/Company/Mission-NewEnergy) project<br>
<br>29 June 2011<br>
<br>[Liberal Democrat](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) MP is backing a [project](https://www.pinterest.com.au/missionnewenergy/) to keep [tax breaks](https://stocktwits.com/symbol/MNEL) for [companies](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) who [produce](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) [biodiesel](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/).<br>
<br>[Producers transforming](https://stocktwits.com/symbol/MNEL) [cooking oil](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) into [biodiesel](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) currently gain from a 20p [differential](https://www.google.com/search?kgmid=/m/0cqd_rb) however that is due to 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 actually been [meeting](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) the [UK sustainable](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) [biodiesel](https://www.businessnews.com.au/Company/Mission-NewEnergy) alliance.<br>
<br>Mr [George stated](https://www.pinterest.com.au/missionnewenergy/) "a number of small companies in Cornwall presently earn money from utilized cooking oil".<br>
<br>He added: "In order to be able to get this sort of industry going it does need simply a little bit of lift which comes in the form of tax foregone."<br>
<br>[Biodiesel](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) is a blend of traditional diesel, [rapeseed](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) and [vegetable oils](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm).<br>
<br>Fuel from [pasties](https://www.google.com/search?kgmid=/m/0cqd_rb) to power vehicles<br>
<br>13 May 2011<br>
<br>Old chip fat powers Place ferryboat<br>
<br>15 June 2010<br>
<br>St Ives Liberal Democrats<br>
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