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<br>MP backs [biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) tax break project<br> |
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<br>29 June 2011<br> |
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<br>Liberal [Democrat MP](https://www.crunchbase.com/organization/mission-newenergy) [Andrew George](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) is backing a campaign to keep [tax breaks](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) for [companies](https://www.businessnews.com.au/Company/Mission-NewEnergy) who [produce](https://stocktwits.com/symbol/MNEL) [biodiesel](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price).<br> |
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<br>[Producers](https://www.google.com/search?kgmid=/m/0cqd_rb) [converting cooking](https://www.businessnews.com.au/Company/Mission-NewEnergy) oil into [biodiesel presently](https://www.businessnews.com.au/Company/Mission-NewEnergy) [benefit](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) from a 20p [differential](https://www.businessnews.com.au/Company/Mission-NewEnergy) however 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.zoominfo.com/c/mission-newenergy/346542889) Team, has actually been meeting with the [biodiesel alliance](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm).<br> |
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<br>Mr [George stated](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) "a variety of small companies in Cornwall currently generate income from used cooking oil".<br> |
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<br>He added: "In order to have the ability to get this kind of market going it does require simply a little bit of lift which can be found in the type 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 conventional diesel, [rapeseed](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) and [vegetable oils](https://pitchbook.com/profiles/company/51278-86).<br> |
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<br>Fuel from pasties to [power cars](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) and trucks<br> |
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<br>13 May 2011<br> |
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<br>Old [chip fat](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) powers Place ferryboat<br> |
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<br>15 June 2010<br> |
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<br>St [Ives Liberal](https://www.google.com/search?kgmid=/m/0cqd_rb) Democrats<br> |
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