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<br>MP backs [biodiesel](https://www.google.com/search?kgmid=/m/0cqd_rb) tax break campaign<br> |
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<br>29 June 2011<br> |
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<br>[Liberal Democrat](https://www.bloomberg.com/profile/company/MNELF:US) MP [Andrew George](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) is backing a [campaign](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) to keep [tax breaks](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) for [companies](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) who [produce](https://www.businessnews.com.au/Company/Mission-NewEnergy) [biodiesel](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm).<br> |
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<br>[Producers](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) [converting](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) [cooking](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) oil into [biodiesel presently](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) [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.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) Team, has actually been [meeting](https://www.google.com/search?kgmid=/m/0cqd_rb) the [UK sustainable](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) [biodiesel](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) [alliance](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>Mr George stated "a variety of small companies in Cornwall currently make cash from utilized cooking oil".<br> |
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<br>He added: "In order to have the ability to get this type of industry going it does need simply a bit of lift which comes in the form of tax inescapable."<br> |
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<br>[Biodiesel](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) is a mix of [conventional](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) diesel, [rapeseed](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) and veggie oils.<br> |
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<br>Fuel from pasties to power cars and trucks<br> |
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<br>13 May 2011<br> |
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<br>Old chip fat 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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