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<br>MP backs [biodiesel](https://www.zoominfo.com/c/mission-newenergy/346542889) tax break campaign<br> |
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<br>29 June 2011<br> |
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<br>[Liberal](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) Democrat MP [Andrew George](https://pitchbook.com/profiles/company/51278-86) is backing a [campaign](https://forest500.org/rankings/companies/mission-newenergy-limited) to keep [tax breaks](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) for [companies](https://www.crunchbase.com/organization/mission-newenergy) who [produce biodiesel](https://stocktwits.com/symbol/MNEL).<br> |
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<br>[Producers transforming](https://www.crunchbase.com/organization/mission-newenergy) [cooking oil](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) into [biodiesel](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) currently gain 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.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) Team, has been with the [UK sustainable](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) [biodiesel alliance](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/).<br> |
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<br>Mr [George stated](https://pitchbook.com/profiles/company/51278-86) "a number of small companies in Cornwall currently earn money from used cooking oil".<br> |
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<br>He included: "In order to be able to get this sort of industry going it does require simply a bit of lift which can be found in the type of tax foregone."<br> |
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<br>[Biodiesel](https://stocktwits.com/symbol/MNEL) is a mix of standard diesel, [rapeseed](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) and [vegetable oils](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm).<br> |
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<br>Fuel from [pasties](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) to power cars and trucks<br> |
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<br>13 May 2011<br> |
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<br>Old chip [fat powers](https://www.google.com/search?kgmid=/m/0cqd_rb) Place ferryboat<br> |
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<br>15 June 2010<br> |
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<br>St [Ives Liberal](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) Democrats<br> |
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