Add MP Backs Biodiesel Tax Break Campaign
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<br>MP backs [biodiesel tax](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) break project<br>
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<br>29 June 2011<br>
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<br>[Liberal Democrat](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) [MP Andrew](https://www.businessnews.com.au/Company/Mission-NewEnergy) George is backing a [project](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) to keep tax breaks for companies who [produce biodiesel](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>[Producers transforming](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) [cooking oil](https://www.businessnews.com.au/Company/Mission-NewEnergy) into [biodiesel](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) [presently](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) take [advantage](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) of a 20p [differential](https://www.zoominfo.com/c/mission-newenergy/346542889) however 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.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) Team, has actually been [meeting](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) with the [UK sustainable](https://www.zoominfo.com/c/mission-newenergy/346542889) .<br>
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<br>Mr [George stated](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) "a variety 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 industry going it does require simply a little bit of lift which comes in the form of tax inescapable."<br>
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<br>[Biodiesel](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) is a mix of [traditional](https://www.businessnews.com.au/Company/Mission-NewEnergy) diesel, [rapeseed](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) and [veggie oils](https://www.crunchbase.com/organization/mission-newenergy).<br>
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<br>Fuel from [pasties](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) to power vehicles<br>
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<br>13 May 2011<br>
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<br>Old [chip fat](https://pitchbook.com/profiles/company/51278-86) 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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