Difference between revisions of "MP Backs Biodiesel Tax Break Campaign"
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− | <br>MP backs [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 | + | <br>MP backs [https://www.investing.com/equities/mission-newenergy-ltd-company-profile biodiesel tax] break campaign<br><br><br>29 June 2011<br><br><br>[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 Liberal Democrat] [https://pitchbook.com/profiles/company/51278-86 MP Andrew] George is backing a campaign to keep [https://www.bloomberg.com/profile/company/MNELF:US tax breaks] for who [https://pitchbook.com/profiles/company/51278-86 produce] [https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053 biodiesel].<br> <br><br>[https://stocktwits.com/symbol/MNEL Producers converting] [https://www.investing.com/equities/mission-newenergy-ltd-company-profile cooking] oil into [https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053 biodiesel] currently gain from a 20p [https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm differential] but that is due to end next April.<br><br><br>The St Ives MP, who leads the Lib Dem Environment Team, has actually been [https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price meeting] the [https://stocktwits.com/symbol/MNEL UK sustainable] [https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd biodiesel] [https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html alliance].<br><br><br>Mr George said "a variety of small services in Cornwall currently make money from used cooking oil".<br><br><br>He included: "In order to have the ability to get this sort of market going it does require simply a little bit of lift which can be found in the form of tax foregone."<br><br><br>[https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price Biodiesel] is a blend of [https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd conventional] diesel, [https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html rapeseed] and [https://www.bloomberg.com/profile/company/MNELF:US veggie oils].<br><br><br>Fuel from [https://forest500.org/rankings/companies/mission-newenergy-limited pasties] to power cars and trucks<br><br><br>13 May 2011<br><br><br>Old chip [https://forest500.org/rankings/companies/mission-newenergy-limited fat powers] Place ferryboat<br><br><br>15 June 2010<br><br><br>St [https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/ Ives Liberal] Democrats<br> |
Revision as of 04:00, 12 January 2025
MP backs biodiesel tax break campaign
29 June 2011
Liberal Democrat MP Andrew George is backing a campaign to keep tax breaks for who produce biodiesel.
Producers converting cooking oil into biodiesel currently gain from a 20p differential but that is due to end next April.
The St Ives MP, who leads the Lib Dem Environment Team, has actually been meeting the UK sustainable biodiesel alliance.
Mr George said "a variety of small services in Cornwall currently make money from used cooking oil".
He included: "In order to have the ability to get this sort of market going it does require simply a little bit of lift which can be found in the form of tax foregone."
Biodiesel is a blend of conventional diesel, rapeseed and veggie oils.
Fuel from pasties to power cars and trucks
13 May 2011
Old chip fat powers Place ferryboat
15 June 2010
St Ives Liberal Democrats