Difference between revisions of "MP Backs Biodiesel Tax Break Campaign"

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<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>
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<br>MP backs [https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html biodiesel] [https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price tax break] project<br><br><br>29 June 2011<br><br><br>[https://pitchbook.com/profiles/company/51278-86 Liberal Democrat] MP [https://pitchbook.com/profiles/company/51278-86 Andrew George] is backing a [https://www.investing.com/equities/mission-newenergy-ltd-company-profile project] to keep [https://www.bloomberg.com/profile/company/MNELF:US tax breaks] for business who [https://forest500.org/rankings/companies/mission-newenergy-limited produce] [https://www.pinterest.com.au/missionnewenergy/ biodiesel].<br><br><br>Producers converting into [https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd biodiesel] currently take [https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608 advantage] of a 20p [https://www.businessnews.com.au/Company/Mission-NewEnergy differential] but that is because of end next April.<br><br><br>The St Ives MP, who leads the Lib Dem [https://www.pinterest.com.au/missionnewenergy/ Environment] Team, has actually been [https://www.pinterest.com.au/missionnewenergy/ consulting] with the UK sustainable [https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608 biodiesel] [https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/ alliance].<br><br><br>Mr [https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd George stated] "a number of small businesses in Cornwall currently generate income from utilized cooking oil".<br><br><br>He included: "In order to have the ability to get this kind of industry going it does need just a little bit of lift which can be found in the kind of tax foregone."<br><br><br>[https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053 Biodiesel] is a blend of conventional diesel, rapeseed and vegetable oils.<br><br><br>Fuel from [https://forest500.org/rankings/companies/mission-newenergy-limited pasties] to [https://www.investing.com/equities/mission-newenergy-ltd-company-profile power cars] and trucks<br> <br><br>13 May 2011<br><br><br>Old [https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html chip fat] powers Place ferryboat<br><br><br>15 June 2010<br><br><br>St [https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/ Ives Liberal] Democrats<br>

Latest revision as of 02:49, 18 January 2025


MP backs biodiesel tax break project


29 June 2011


Liberal Democrat MP Andrew George is backing a project to keep tax breaks for business who produce biodiesel.


Producers converting into biodiesel currently take advantage of a 20p differential but that is because of end next April.


The St Ives MP, who leads the Lib Dem Environment Team, has actually been consulting with the UK sustainable biodiesel alliance.


Mr George stated "a number of small businesses in Cornwall currently generate income from utilized cooking oil".


He included: "In order to have the ability to get this kind of industry going it does need just a little bit of lift which can be found in the kind of tax foregone."


Biodiesel is a blend of conventional diesel, rapeseed and vegetable 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