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<br>MP backs [biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) [tax break](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) project<br> |
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<br>29 June 2011<br> |
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<br>Liberal Democrat MP [Andrew George](https://forest500.org/rankings/companies/mission-newenergy-limited) is backing a [project](https://www.crunchbase.com/organization/mission-newenergy) to keep tax breaks for [companies](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) who [produce](https://www.pinterest.com.au/missionnewenergy/) [biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053).<br> |
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<br>[Producers](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) [transforming cooking](https://stocktwits.com/symbol/MNEL) oil into [biodiesel](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) currently [benefit](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) from a 20p [differential](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) 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.crunchbase.com/organization/mission-newenergy) Team, has actually been meeting the [UK sustainable](https://stocktwits.com/symbol/MNEL) [biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) alliance.<br> |
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<br>Mr [George stated](https://www.businessnews.com.au/Company/Mission-NewEnergy) "a number of little services in Cornwall presently earn money from utilized cooking oil".<br> |
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<br>He included: "In order to have the ability 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.energy-xprt.com/companies/mission-newenergy-limited-36048) is a mix of [traditional](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) diesel, and [veggie oils](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm).<br> |
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<br>Fuel from [pasties](https://stocktwits.com/symbol/MNEL) to power automobiles<br> |
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<br>13 May 2011<br> |
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<br>Old chip fat powers Place ferry<br> |
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<br>15 June 2010<br> |
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<br>St [Ives Liberal](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) Democrats<br> |
