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<br>MP backs [biodiesel](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) [tax break](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) campaign<br>
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<br>29 June 2011<br>
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<br>[Liberal Democrat](https://stocktwits.com/symbol/MNEL) [MP Andrew](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) George is backing a campaign to keep [tax breaks](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) for [business](https://www.businessnews.com.au/Company/Mission-NewEnergy) who [produce](https://www.pinterest.com.au/missionnewenergy/) [biodiesel](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price).<br>
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<br>[Producers](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) [transforming cooking](https://forest500.org/rankings/companies/mission-newenergy-limited) oil into [biodiesel presently](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) [benefit](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) from a 20p [differential](https://www.businessnews.com.au/Company/Mission-NewEnergy) however that is due to end next April.<br>
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<br>The St Ives MP, who leads the Lib Dem Environment Team, has actually been the UK sustainable [biodiesel](https://www.bloomberg.com/profile/company/MNELF:US) [alliance](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html).<br>
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<br>Mr George stated "a variety of small companies in Cornwall presently earn money from utilized cooking oil".<br>
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<br>He added: "In order to be able to get this sort of industry going it does need just a bit of lift which can be found in the type of tax inevitable."<br>
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<br>[Biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) is a blend of traditional diesel, [rapeseed](https://www.google.com/search?kgmid=/m/0cqd_rb) and [veggie oils](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053).<br>
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<br>Fuel from [pasties](https://stocktwits.com/symbol/MNEL) to power cars<br>
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<br>13 May 2011<br>
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<br>Old [chip fat](https://www.bloomberg.com/profile/company/MNELF:US) powers Place ferryboat<br>
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<br>15 June 2010<br>
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<br>St [Ives Liberal](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) Democrats<br>
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