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MP backs [biodiesel tax](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) break project
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29 June 2011
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[Liberal Democrat](https://www.bloomberg.com/profile/company/MNELF:US) [MP Andrew](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) George is backing a [campaign](https://pitchbook.com/profiles/company/51278-86) to keep [tax breaks](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) for [business](https://stocktwits.com/symbol/MNEL) who produce [biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053).
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[Producers transforming](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) cooking oil into [biodiesel](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) [presently](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) take [advantage](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) of a 20p [differential](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) however that is because of end next April.
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The St Ives MP, who leads the Lib Dem [Environment](https://www.zoominfo.com/c/mission-newenergy/346542889) Team, has actually been [meeting](https://forest500.org/rankings/companies/mission-newenergy-limited) the UK sustainable [biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) [alliance](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/).
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Mr George stated "a number of small organizations in Cornwall currently generate income from utilized cooking oil".
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He included: "In order to be able to get this kind of industry going it does require simply a bit of lift which is available in the form of tax inescapable."
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[Biodiesel](https://www.zoominfo.com/c/mission-newenergy/346542889) is a mix of standard diesel, [rapeseed](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) and [vegetable oils](https://www.businessnews.com.au/Company/Mission-NewEnergy).
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Fuel from [pasties](https://www.zoominfo.com/c/mission-newenergy/346542889) to [power cars](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) and trucks
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13 May 2011
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Old chip fat powers Place ferry
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15 June 2010
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St Democrats
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