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<br>MP backs [biodiesel](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) tax break campaign<br> |
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<br>29 June 2011<br> |
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<br>Liberal Democrat [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 to keep [tax breaks](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) for [business](https://www.google.com/search?kgmid=/m/0cqd_rb) who [produce biodiesel](https://pitchbook.com/profiles/company/51278-86).<br> |
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<br>[Producers converting](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) [cooking oil](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) into [biodiesel](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) currently [benefit](https://www.pinterest.com.au/missionnewenergy/) from a 20p [differential](https://www.pinterest.com.au/missionnewenergy/) however that is because of end next April.<br> |
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<br>The St Ives MP, who leads the Lib Dem Team, has actually been [meeting](https://stocktwits.com/symbol/MNEL) the [UK sustainable](https://www.google.com/search?kgmid=/m/0cqd_rb) [biodiesel](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) [alliance](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048).<br> |
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<br>Mr [George stated](https://pitchbook.com/profiles/company/51278-86) "a variety of small companies in Cornwall presently earn money from used cooking oil".<br> |
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<br>He included: "In order to be able to get this kind of industry going it does require simply a little bit of lift which can be found in the kind of tax foregone."<br> |
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<br>[Biodiesel](https://www.bloomberg.com/profile/company/MNELF:US) is a blend of [conventional](https://www.google.com/search?kgmid=/m/0cqd_rb) 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://forest500.org/rankings/companies/mission-newenergy-limited).<br> |
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<br>Fuel from [pasties](https://www.google.com/search?kgmid=/m/0cqd_rb) to power cars<br> |
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<br>13 May 2011<br> |
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<br>Old [chip fat](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) powers Place ferry<br> |
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<br>15 June 2010<br> |
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<br>St Ives Liberal Democrats<br> |
