commit 46fa664ed0e311d2b9414cb0fa555c3967e83071 Author: constancedodge Date: Sat Jan 18 05:00:15 2025 +0800 Add MP Backs Biodiesel Tax Break Campaign diff --git a/MP-Backs-Biodiesel-Tax-Break-Campaign.md b/MP-Backs-Biodiesel-Tax-Break-Campaign.md new file mode 100644 index 0000000..985702d --- /dev/null +++ b/MP-Backs-Biodiesel-Tax-Break-Campaign.md @@ -0,0 +1,13 @@ +
MP backs [biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) [tax break](https://www.bloomberg.com/profile/company/MNELF:US) campaign
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29 June 2011
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[MP Andrew](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) George is backing a project to keep [tax breaks](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) for business who [produce](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) [biodiesel](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price).
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[Producers transforming](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) [cooking oil](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) into [biodiesel](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) currently take [advantage](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) of a 20p [differential](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) however that is due to end next April.
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The St Ives MP, who leads the Lib Dem [Environment](https://www.crunchbase.com/organization/mission-newenergy) Team, has been [meeting](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) the [UK sustainable](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) [biodiesel alliance](https://www.bloomberg.com/profile/company/MNELF:US).
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Mr George said "a number of small companies in Cornwall currently generate income from used cooking oil".
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He added: "In order to have the ability to get this type of market going it does require simply a little bit of lift which comes in the kind of tax inescapable."
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[Biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) is a mix of conventional diesel, [rapeseed](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) and [veggie oils](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608).
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Fuel from pasties to [power cars](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) and trucks
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13 May 2011
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Old chip [fat powers](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) Place ferry
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15 June 2010
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St [Ives Liberal](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) Democrats
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