Add 'MP Backs Biodiesel Tax Break Campaign'
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<br>MP backs break campaign<br>
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<br>29 June 2011<br>
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<br>[Liberal Democrat](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) [MP Andrew](https://www.businessnews.com.au/Company/Mission-NewEnergy) George is backing a [campaign](https://www.abnnewswire.net/companies/en/31347/%E0%B8%9A%E0%B8%A3%E0%B8%B4%E0%B8%A9%E0%B8%B1%E0%B8%97-Mission-NewEnergy-%E0%B8%88%E0%B8%B3%E0%B8%81%E0%B8%B1%E0%B8%94.html/4) to keep [tax breaks](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) for [business](https://www.crunchbase.com/organization/mission-newenergy) who [produce](https://pitchbook.com/profiles/company/51278-86) [biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053).<br>
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<br>[Producers](https://www.businessnews.com.au/Company/Mission-NewEnergy) [transforming cooking](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) oil into [biodiesel](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) [presently gain](https://www.crunchbase.com/organization/mission-newenergy) from a 20p [differential](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) but 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 consulting with the UK sustainable [biodiesel](https://www.google.com/search?kgmid=/m/0cqd_rb) [alliance](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd).<br>
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<br>Mr [George stated](https://www.google.com/search?kgmid=/m/0cqd_rb) "a number of small companies in Cornwall currently earn money from used cooking oil".<br>
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<br>He added: "In order to have the ability to get this sort of market going it does need simply a bit of lift which is available in the kind of tax inevitable."<br>
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<br>[Biodiesel](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) is a mix of [traditional](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) diesel, [rapeseed](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) and [vegetable oils](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html).<br>
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<br>Fuel from pasties to [power cars](https://www.businessnews.com.au/Company/Mission-NewEnergy) and trucks<br>
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<br>13 May 2011<br>
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<br>Old [chip fat](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) 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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