From 77c4ad9d6d98726a8de0dd510cffd60ff6036693 Mon Sep 17 00:00:00 2001 From: darcicannon757 Date: Sun, 12 Jan 2025 13:03:38 +0800 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..48b1fe7 --- /dev/null +++ b/MP-Backs-Biodiesel-Tax-Break-Campaign.md @@ -0,0 +1,13 @@ +
MP backs [biodiesel](https://www.zoominfo.com/c/mission-newenergy/346542889) [tax break](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) project
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29 June 2011
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Liberal Democrat MP [Andrew George](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) is backing a campaign to keep [tax breaks](https://www.zoominfo.com/c/mission-newenergy/346542889) for [business](https://www.bloomberg.com/profile/company/MNELF:US) who produce [biodiesel](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price).
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Producers converting cooking oil into [biodiesel](https://www.businessnews.com.au/Company/Mission-NewEnergy) [presently](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) take [advantage](https://pitchbook.com/profiles/company/51278-86) of a 20p [differential](https://pitchbook.com/profiles/company/51278-86) but that is because of end next April.
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The St Ives MP, who leads the Lib Dem [Environment](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) Team, has actually been [meeting](https://www.bloomberg.com/profile/company/MNELF:US) the [UK sustainable](https://www.pinterest.com.au/missionnewenergy/) [biodiesel](https://www.google.com/search?kgmid=/m/0cqd_rb) .
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Mr George said "a number of small companies in Cornwall currently earn money from used cooking oil".
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He added: "In order to have the ability to get this kind of industry going it does need simply a little bit of lift which can be found in the kind of tax foregone."
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[Biodiesel](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) is a blend of [conventional](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) diesel, [rapeseed](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) and [vegetable oils](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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Fuel from [pasties](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) to power automobiles
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13 May 2011
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Old [chip fat](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) powers Place ferryboat
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15 June 2010
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St [Ives Liberal](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) Democrats
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