Update 'MP Backs Biodiesel Tax Break Campaign'

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Wilburn Oswalt 4 months ago
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<br>MP backs [biodiesel](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) [tax break](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) campaign<br>
<br>29 June 2011<br>
<br>[Liberal Democrat](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) MP Andrew George is backing a [campaign](https://www.businessnews.com.au/Company/Mission-NewEnergy) to keep tax breaks for companies who [produce](https://stocktwits.com/symbol/MNEL) [biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053).<br>
<br> [converting cooking](https://www.pinterest.com.au/missionnewenergy/) oil into [biodiesel presently](https://stocktwits.com/symbol/MNEL) gain from a 20p [differential](https://forest500.org/rankings/companies/mission-newenergy-limited) 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/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) Team, has actually been [meeting](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) the [UK sustainable](https://www.zoominfo.com/c/mission-newenergy/346542889) [biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) [alliance](https://www.google.com/search?kgmid=/m/0cqd_rb).<br>
<br>Mr George said "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 type of industry going it does require simply a bit of lift which can be found in the form of tax inevitable."<br>
<br>[Biodiesel](https://www.zoominfo.com/c/mission-newenergy/346542889) is a blend of [traditional](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) diesel, [rapeseed](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) and [vegetable oils](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price).<br>
<br>Fuel from [pasties](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) to [power cars](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) and trucks<br>
<br>13 May 2011<br>
<br>Old chip [fat powers](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) Place ferry<br>
<br>15 June 2010<br>
<br>St Ives Liberal Democrats<br>
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