Add 'MP Backs Biodiesel Tax Break Campaign'
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<br>MP backs [biodiesel tax](https://pitchbook.com/profiles/company/51278-86) break campaign<br>
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<br>29 June 2011<br>
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<br>[Liberal Democrat](https://www.businessnews.com.au/Company/Mission-NewEnergy) [MP Andrew](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) George is backing a [project](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) to keep [tax breaks](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) for [companies](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) who [produce](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) [biodiesel](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/).<br>
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<br>[Producers transforming](https://www.google.com/search?kgmid=/m/0cqd_rb) [cooking oil](https://pitchbook.com/profiles/company/51278-86) into [biodiesel](https://www.zoominfo.com/c/mission-newenergy/346542889) currently gain from a 20p however that is due to end next April.<br>
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<br>The St Ives MP, who leads the Lib Dem Environment Team, has been [meeting](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) the [UK sustainable](https://www.google.com/search?kgmid=/m/0cqd_rb) [biodiesel](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) [alliance](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048).<br>
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<br>Mr George said "a variety of small companies in Cornwall currently earn money 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 bit of lift which comes in the kind of tax inescapable."<br>
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<br>[Biodiesel](https://www.crunchbase.com/organization/mission-newenergy) is a mix of [standard](https://www.businessnews.com.au/Company/Mission-NewEnergy) diesel, [rapeseed](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) and [vegetable oils](https://pitchbook.com/profiles/company/51278-86).<br>
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<br>Fuel from [pasties](https://www.bloomberg.com/profile/company/MNELF:US) to power vehicles<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>
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