commit ab90eacb935206ea542cf4de1290de0360a06bed Author: wendellholroyd Date: Sun Jan 12 11:41:44 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..2c8798d --- /dev/null +++ b/MP-Backs-Biodiesel-Tax-Break-Campaign.md @@ -0,0 +1,13 @@ +
MP backs [biodiesel tax](https://stocktwits.com/symbol/MNEL) break project
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29 June 2011
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[Liberal Democrat](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) [MP Andrew](https://www.google.com/search?kgmid=/m/0cqd_rb) George is backing a [project](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) to keep [tax breaks](https://www.zoominfo.com/c/mission-newenergy/346542889) for companies 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 transforming](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) [cooking oil](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) into [biodiesel](https://www.google.com/search?kgmid=/m/0cqd_rb) currently take [advantage](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) of a 20p [differential](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) however that is because of end next April.
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The St Ives MP, who leads the Lib Dem [Environment](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) Team, has actually been consulting with the [biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) alliance.
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Mr [George stated](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) "a variety of little services in Cornwall presently generate income from utilized cooking oil".
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He included: "In order to have the ability to get this type of market going it does require simply a bit of lift which is available in the form of tax foregone."
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[Biodiesel](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) is a blend of [traditional](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) diesel, [rapeseed](https://www.crunchbase.com/organization/mission-newenergy) and [veggie oils](https://stocktwits.com/symbol/MNEL).
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Fuel from [pasties](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) to power vehicles
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13 May 2011
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Old [chip fat](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) powers Place ferry
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15 June 2010
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St [Ives Liberal](https://www.bloomberg.com/profile/company/MNELF:US) Democrats
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