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<br>MP backs [biodiesel tax](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) break project<br> |
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<br>29 June 2011<br> |
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<br>[Liberal Democrat](https://forest500.org/rankings/companies/mission-newenergy-limited) [MP Andrew](https://pitchbook.com/profiles/company/51278-86) George is backing a [project](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) to keep [tax breaks](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) for [business](https://www.businessnews.com.au/Company/Mission-NewEnergy) who [produce biodiesel](https://www.businessnews.com.au/Company/Mission-NewEnergy).<br> |
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<br>[Producers transforming](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) [cooking oil](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) into [biodiesel](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) [presently benefit](https://stocktwits.com/symbol/MNEL) from a 20p differential 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.crunchbase.com/organization/mission-newenergy) Team, has actually been [satisfying](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) 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.bloomberg.com/profile/company/MNELF:US).<br> |
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<br>Mr George stated "a variety of small companies in Cornwall currently earn money from utilized cooking oil".<br> |
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<br>He included: "In order to be able to get this kind of market going it does require just a little bit of lift which can be found in the kind of tax inescapable."<br> |
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<br>[Biodiesel](https://www.pinterest.com.au/missionnewenergy/) is a mix of conventional diesel, [rapeseed](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) and [veggie oils](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/).<br> |
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<br>Fuel from [pasties](https://www.businessnews.com.au/Company/Mission-NewEnergy) to [power cars](https://stocktwits.com/symbol/MNEL) and trucks<br> |
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<br>13 May 2011<br> |
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<br>Old powers Place ferry<br> |
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<br>15 June 2010<br> |
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<br>St [Ives Liberal](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) Democrats<br> |
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