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<br>MP backs [biodiesel](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) tax break project<br> |
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<br>29 June 2011<br> |
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<br>[Liberal Democrat](https://www.zoominfo.com/c/mission-newenergy/346542889) [MP Andrew](https://forest500.org/rankings/companies/mission-newenergy-limited) George is backing a [campaign](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) to keep [tax breaks](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) for [companies](https://www.pinterest.com.au/missionnewenergy/) who [produce biodiesel](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price).<br> |
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<br>[Producers](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) [transforming](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) [cooking](https://forest500.org/rankings/companies/mission-newenergy-limited) oil into [biodiesel presently](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) [benefit](https://www.bloomberg.com/profile/company/MNELF:US) from a 20p but 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.energy-xprt.com/companies/mission-newenergy-limited-36048) Team, has been meeting the [UK sustainable](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) [biodiesel alliance](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm).<br> |
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<br>Mr George stated "a variety of small companies in Cornwall presently generate income from utilized cooking oil".<br> |
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<br>He included: "In order to have the ability to get this type of market going it does require just a bit of lift which can be found in the type of tax foregone."<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 blend of conventional diesel, rapeseed and [vegetable oils](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html).<br> |
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<br>Fuel from [pasties](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) to [power cars](https://forest500.org/rankings/companies/mission-newenergy-limited) and trucks<br> |
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<br>13 May 2011<br> |
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<br>Old [chip fat](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) powers Place ferry<br> |
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<br>15 June 2010<br> |
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<br>St [Ives Liberal](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) Democrats<br> |
