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<br>MP backs [biodiesel tax](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) break project<br> |
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<br>29 June 2011<br> |
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<br>[Liberal Democrat](https://stocktwits.com/symbol/MNEL) [MP Andrew](https://www.zoominfo.com/c/mission-newenergy/346542889) George is backing a [campaign](https://forest500.org/rankings/companies/mission-newenergy-limited) to keep [tax breaks](https://www.bloomberg.com/profile/company/MNELF:US) for [business](https://www.google.com/search?kgmid=/m/0cqd_rb) who [produce](https://www.pinterest.com.au/missionnewenergy/) [biodiesel](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price).<br> |
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<br>[Producers transforming](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) [cooking oil](https://www.bloomberg.com/profile/company/MNELF:US) into [biodiesel](https://pitchbook.com/profiles/company/51278-86) currently gain from a 20p [differential](https://www.google.com/search?kgmid=/m/0cqd_rb) however that is due to end next April.<br> |
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<br>The St Ives MP, who leads the Lib Dem [Environment](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) Team, has actually been [consulting](https://www.bloomberg.com/profile/company/MNELF:US) with the [UK sustainable](https://www.bloomberg.com/profile/company/MNELF:US) [biodiesel](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) alliance.<br> |
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<br>Mr [George stated](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) "a number of small companies in Cornwall currently make cash from used cooking oil".<br> |
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<br>He included: "In order to be able to get this type of market going it does need simply a bit of lift which comes in the form of tax inevitable."<br> |
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<br>[Biodiesel](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) is a mix of conventional diesel, [rapeseed](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) and .<br> |
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<br>Fuel from pasties to power cars<br> |
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<br>13 May 2011<br> |
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<br>Old [chip fat](https://www.zoominfo.com/c/mission-newenergy/346542889) powers Place ferry<br> |
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<br>15 June 2010<br> |
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<br>St [Ives Liberal](https://www.pinterest.com.au/missionnewenergy/) Democrats<br> |
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