commit 4964e19bcededf0f53872c3603f3666c44f1f3a2 Author: jasonmccoy608 Date: Sat Jan 11 19:48:27 2025 +0000 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..cf5d1ac --- /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.investing.com/equities/mission-newenergy-ltd-company-profile) [MP Andrew](https://www.google.com/search?kgmid=/m/0cqd_rb) George is backing a [project](https://forest500.org/rankings/companies/mission-newenergy-limited) to keep [tax breaks](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) for business who produce [biodiesel](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price).
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[Producers converting](https://www.zoominfo.com/c/mission-newenergy/346542889) [cooking](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) oil into [biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) [presently](https://www.bloomberg.com/profile/company/MNELF:US) [benefit](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) from a 20p [differential](https://forest500.org/rankings/companies/mission-newenergy-limited) however that is due to end next April.
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The St Ives MP, who leads the Lib Dem Environment Team, has been meeting the UK sustainable [biodiesel](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) [alliance](https://pitchbook.com/profiles/company/51278-86).
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Mr [George stated](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) "a variety of small companies in Cornwall currently earn money from utilized cooking oil".
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He added: "In order to be able to get this type of industry going it does require just a bit of lift which can be found in the kind of tax inescapable."
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[Biodiesel](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) is a mix of [traditional](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) diesel, [rapeseed](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) and [veggie oils](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm).
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Fuel from [pasties](https://www.crunchbase.com/organization/mission-newenergy) to power cars
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13 May 2011
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Old [chip fat](https://forest500.org/rankings/companies/mission-newenergy-limited) powers Place ferry
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15 June 2010
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St [Ives Liberal](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) Democrats
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