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<br>MP backs [biodiesel](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) tax break project<br>
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<br>29 June 2011<br>
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<br>Liberal [Democrat MP](https://www.crunchbase.com/organization/mission-newenergy) Andrew George is backing a [project](https://forest500.org/rankings/companies/mission-newenergy-limited) to keep tax breaks for [business](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) who [produce](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) [biodiesel](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048).<br>
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<br>[Producers](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) [transforming cooking](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) oil into [biodiesel](https://www.pinterest.com.au/missionnewenergy/) [presently](https://stocktwits.com/symbol/MNEL) take [advantage](https://pitchbook.com/profiles/company/51278-86) of a 20p [differential](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) however that is because of end next April.<br>
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<br>The St Ives MP, who leads the Lib Dem [Environment](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) Team, has actually been [fulfilling](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) with the [UK sustainable](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) [biodiesel](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) alliance.<br>
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<br>Mr George said "a variety of small companies in Cornwall presently generate income from used cooking oil".<br>
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<br>He included: "In order to have the ability to get this kind of market going it does require simply a little bit of lift which can be found in the form of tax inescapable."<br>
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<br>[Biodiesel](https://www.businessnews.com.au/Company/Mission-NewEnergy) is a blend of [conventional](https://www.bloomberg.com/profile/company/MNELF:US) diesel, [rapeseed](https://pitchbook.com/profiles/company/51278-86) and .<br>
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<br>Fuel from [pasties](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) to power automobiles<br>
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<br>13 May 2011<br>
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<br>Old [chip fat](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) powers Place ferry<br>
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<br>15 June 2010<br>
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<br>St Ives Liberal Democrats<br>
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