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<br>MP backs [biodiesel](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) [tax break](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) project<br> |
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<br>29 June 2011<br> |
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<br>[Liberal](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) [Democrat MP](https://www.zoominfo.com/c/mission-newenergy/346542889) [Andrew George](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) is backing a [project](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) to keep tax breaks for business 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](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) [transforming cooking](https://www.crunchbase.com/organization/mission-newenergy) oil into [biodiesel](https://www.google.com/search?kgmid=/m/0cqd_rb) currently take [advantage](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) of a 20p [differential](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) 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.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) Team, has actually been [consulting](https://www.businessnews.com.au/Company/Mission-NewEnergy) with the [UK sustainable](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) [biodiesel 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 said "a number of small companies in Cornwall currently generate income from used cooking oil".<br> |
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<br>He included: "In order to have the ability to get this sort of market going it does require just a little bit of lift which comes in the form of tax inescapable."<br> |
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<br> is a blend of [standard](https://www.pinterest.com.au/missionnewenergy/) diesel, [rapeseed](https://www.pinterest.com.au/missionnewenergy/) and [veggie oils](https://www.businessnews.com.au/Company/Mission-NewEnergy).<br> |
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<br>Fuel from [pasties](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) to power automobiles<br> |
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<br>13 May 2011<br> |
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<br>Old [chip fat](https://www.crunchbase.com/organization/mission-newenergy) powers Place ferryboat<br> |
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<br>15 June 2010<br> |
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<br>St Ives Liberal Democrats<br> |
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