diff --git a/MP-Backs-Biodiesel-Tax-Break-Campaign.md b/MP-Backs-Biodiesel-Tax-Break-Campaign.md index 63d9485..ee5bbaf 100644 --- a/MP-Backs-Biodiesel-Tax-Break-Campaign.md +++ b/MP-Backs-Biodiesel-Tax-Break-Campaign.md @@ -1,13 +1,13 @@ -
MP backs [biodiesel tax](https://pitchbook.com/profiles/company/51278-86) break project
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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.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) campaign

29 June 2011
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[Liberal Democrat](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) MP [Andrew George](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) is backing a [campaign](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) to keep [tax breaks](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) for [companies](https://www.zoominfo.com/c/mission-newenergy/346542889) who [produce biodiesel](https://forest500.org/rankings/companies/mission-newenergy-limited).
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[Producers converting](https://stocktwits.com/symbol/MNEL) [cooking oil](https://www.zoominfo.com/c/mission-newenergy/346542889) into [biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) [presently benefit](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) from a 20p [differential](https://www.pinterest.com.au/missionnewenergy/) but that is because of end next April.
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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 been [meeting](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) the [biodiesel alliance](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/).
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Mr [George stated](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) "a variety of small companies in Cornwall currently make money from utilized cooking oil".
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He added: "In order to be able to get this type of industry going it does require simply a little bit of lift which comes in the type of tax foregone."
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[Biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) is a blend of [traditional](https://www.google.com/search?kgmid=/m/0cqd_rb) diesel, [rapeseed](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) and [vegetable oils](https://www.pinterest.com.au/missionnewenergy/).
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Fuel from [pasties](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) to power automobiles
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[Liberal](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) [Democrat MP](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) Andrew George is backing a [project](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) to keep tax breaks for [business](https://forest500.org/rankings/companies/mission-newenergy-limited) who produce [biodiesel](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html).
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Producers converting [cooking](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) oil into [biodiesel](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) currently take [advantage](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) of a 20p [differential](https://www.crunchbase.com/organization/mission-newenergy) but that is because of end next April.
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The St Ives MP, who leads the Lib Dem [Environment](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) Team, has been fulfilling with the [UK sustainable](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) [biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) [alliance](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/).
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Mr [George stated](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) "a variety of small companies in Cornwall currently make 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 bit of lift which comes in the form of tax foregone."
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[Biodiesel](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) is a mix of [standard](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) diesel, [rapeseed](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) and [vegetable oils](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html).
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Fuel from to power cars

13 May 2011
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Old chip fat powers Place ferryboat
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Old [chip fat](https://www.crunchbase.com/organization/mission-newenergy) powers Place ferryboat

15 June 2010

St Ives Liberal Democrats
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