From b70db6869f4432f67cf3fdcf8ae8e10a62a7ce17 Mon Sep 17 00:00:00 2001 From: Rochelle Petterd Date: Sun, 19 Jan 2025 01:18:15 +1100 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..dd515f3 --- /dev/null +++ b/MP-Backs-Biodiesel-Tax-Break-Campaign.md @@ -0,0 +1,13 @@ +
MP backs [biodiesel tax](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) break campaign
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29 June 2011
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[Liberal Democrat](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) [MP Andrew](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) George is backing a [campaign](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) to keep tax breaks for [business](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) who [produce](https://www.zoominfo.com/c/mission-newenergy/346542889) [biodiesel](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm).
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[Producers transforming](https://www.google.com/search?kgmid=/m/0cqd_rb) [cooking oil](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) into [biodiesel](https://www.google.com/search?kgmid=/m/0cqd_rb) currently gain from a 20p [differential](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) but that is due to end next April.
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The St Ives MP, who leads the Lib Dem [Environment](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) Team, has been [consulting](https://www.businessnews.com.au/Company/Mission-NewEnergy) with the [UK sustainable](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 said "a variety of little services in Cornwall presently make money from used cooking oil".
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He included: "In order to have the ability to get this kind of market going it does require just a little bit of lift which can be found in the form of tax inevitable."
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[Biodiesel](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) is a blend of [conventional](https://www.pinterest.com.au/missionnewenergy/) diesel, [rapeseed](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) and [vegetable oils](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd).
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Fuel from [pasties](https://www.bloomberg.com/profile/company/MNELF:US) 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 ferryboat
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15 June 2010
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St [Ives Liberal](https://stocktwits.com/symbol/MNEL) Democrats
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