From 936c44b1f2579821b0ff8e10264a7262f9508d22 Mon Sep 17 00:00:00 2001 From: ernestohoysted Date: Sun, 12 Jan 2025 09:03:18 +0000 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..7741290 --- /dev/null +++ b/MP-Backs-Biodiesel-Tax-Break-Campaign.md @@ -0,0 +1,13 @@ +
MP backs [biodiesel](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) [tax break](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) campaign
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29 June 2011
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[Liberal Democrat](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) MP Andrew George is backing a [campaign](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) to keep [tax breaks](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) for [companies](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) who [produce](https://www.bloomberg.com/profile/company/MNELF:US) [biodiesel](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd).
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[Producers](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) [converting cooking](https://www.bloomberg.com/profile/company/MNELF:US) oil into [biodiesel](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) currently [benefit](https://www.bloomberg.com/profile/company/MNELF:US) from a 20p but that is due to end next April.
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The St Ives MP, who leads the Lib Dem Environment Team, has actually been [satisfying](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) with the UK sustainable [biodiesel alliance](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html).
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Mr [George stated](https://www.google.com/search?kgmid=/m/0cqd_rb) "a variety of small companies in Cornwall currently make money from utilized cooking oil".
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He included: "In order to have the ability to get this sort of market going it does need just a bit of lift which is available in the type of tax foregone."
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[Biodiesel](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) is a blend of [standard](https://www.pinterest.com.au/missionnewenergy/) diesel, [rapeseed](https://stocktwits.com/symbol/MNEL) and [veggie oils](https://www.google.com/search?kgmid=/m/0cqd_rb).
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Fuel from [pasties](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) to power cars
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13 May 2011
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Old [chip fat](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) powers Place ferry
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15 June 2010
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St Ives Liberal Democrats
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