commit 73efd6d3aa935f5690f10e75998917cecc8a5b2b Author: hilario51v8276 Date: Sun Jan 12 00:55:36 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..956e16a --- /dev/null +++ b/MP-Backs-Biodiesel-Tax-Break-Campaign.md @@ -0,0 +1,13 @@ +
MP backs break project
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29 June 2011
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[Liberal Democrat](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) [MP Andrew](https://www.google.com/search?kgmid=/m/0cqd_rb) George is backing a [campaign](https://www.businessnews.com.au/Company/Mission-NewEnergy) to keep [tax breaks](https://www.businessnews.com.au/Company/Mission-NewEnergy) for [business](https://www.crunchbase.com/organization/mission-newenergy) who [produce](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) [biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053).
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[Producers converting](https://www.crunchbase.com/organization/mission-newenergy) [cooking oil](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) into [biodiesel](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) currently take [advantage](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) of a 20p [differential](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) 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.com.au/ASX:MBT/Mission-NewEnergy-Ltd) Team, has actually been [satisfying](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) with the [UK sustainable](https://www.bloomberg.com/profile/company/MNELF:US) [biodiesel](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) alliance.
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Mr George stated "a variety of small companies in Cornwall currently make cash from used cooking oil".
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He added: "In order to be able to get this sort of industry going it does need just a bit of lift which can be found in the type of tax foregone."
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[Biodiesel](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) is a mix of traditional diesel, [rapeseed](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) and veggie oils.
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Fuel from [pasties](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) to power vehicles
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13 May 2011
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Old [chip fat](https://www.bloomberg.com/profile/company/MNELF:US) powers Place ferry
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15 June 2010
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St [Ives Liberal](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) Democrats
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