From 677e4512953a2dfe0b033c3966cac6a253a183ec Mon Sep 17 00:00:00 2001 From: Sherrill Downard Date: Sat, 18 Jan 2025 04:33:54 +0100 Subject: [PATCH] Add MP Backs Biodiesel Tax Break Campaign --- MP-Backs-Biodiesel-Tax-Break-Campaign.md | 13 +++++++++++++ 1 file changed, 13 insertions(+) create mode 100644 MP-Backs-Biodiesel-Tax-Break-Campaign.md diff --git a/MP-Backs-Biodiesel-Tax-Break-Campaign.md b/MP-Backs-Biodiesel-Tax-Break-Campaign.md new file mode 100644 index 0000000..c06fa33 --- /dev/null +++ b/MP-Backs-Biodiesel-Tax-Break-Campaign.md @@ -0,0 +1,13 @@ +
MP backs [biodiesel tax](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) break project
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29 June 2011
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[Liberal Democrat](https://www.zoominfo.com/c/mission-newenergy/346542889) [MP Andrew](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) George is backing a [project](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) to keep [tax breaks](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) for [companies](https://pitchbook.com/profiles/company/51278-86) who [produce](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) [biodiesel](https://www.google.com/search?kgmid=/m/0cqd_rb).
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Producers transforming [cooking](https://www.zoominfo.com/c/mission-newenergy/346542889) oil into [biodiesel presently](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) take [advantage](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) of a 20p [differential](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) however that is because of end next April.
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The St Ives MP, who leads the Lib Dem Environment Team, has actually been [meeting](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) the [UK sustainable](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) [biodiesel](https://www.google.com/search?kgmid=/m/0cqd_rb) [alliance](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).
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Mr [George stated](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) "a number of small businesses in Cornwall presently generate income from used cooking oil".
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He added: "In order to be able to get this kind of market going it does require just a bit of lift which can be found in the kind of tax foregone."
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[Biodiesel](https://www.zoominfo.com/c/mission-newenergy/346542889) is a blend of [conventional](https://forest500.org/rankings/companies/mission-newenergy-limited) diesel, [rapeseed](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) and .
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Fuel from [pasties](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) to power cars
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13 May 2011
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Old chip fat powers Place ferry
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15 June 2010
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St Ives Liberal Democrats
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