Add MP Backs Biodiesel Tax Break Campaign
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<br>MP backs [biodiesel tax](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) break campaign<br>
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<br>29 June 2011<br>
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<br>[Liberal Democrat](https://www.crunchbase.com/organization/mission-newenergy) [MP Andrew](https://www.google.com/search?kgmid=/m/0cqd_rb) George is backing a [project](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) to keep [tax breaks](https://www.bloomberg.com/profile/company/MNELF:US) for [companies](https://www.crunchbase.com/organization/mission-newenergy) who [produce](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) [biodiesel](https://www.pinterest.com.au/missionnewenergy/).<br>
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<br>[Producers converting](https://stocktwits.com/symbol/MNEL) [cooking oil](https://www.bloomberg.com/profile/company/MNELF:US) into [biodiesel](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) currently gain from a 20p [differential](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) but 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.investing.com/equities/mission-newenergy-ltd-company-profile) Team, has actually been [meeting](https://www.businessnews.com.au/Company/Mission-NewEnergy) with the [UK sustainable](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) [biodiesel alliance](https://www.bloomberg.com/profile/company/MNELF:US).<br>
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<br>Mr [George stated](https://www.zoominfo.com/c/mission-newenergy/346542889) "a variety of little businesses in Cornwall presently generate income from used cooking oil".<br>
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<br>He added: "In order to be able to get this sort of industry going it does need just a bit of lift which can be found in the kind of tax inescapable."<br>
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<br>[Biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) is a mix of diesel, [rapeseed](https://www.crunchbase.com/organization/mission-newenergy) and [veggie oils](https://pitchbook.com/profiles/company/51278-86).<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 powers Place ferryboat<br>
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<br>15 June 2010<br>
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<br>St [Ives Liberal](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) Democrats<br>
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