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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.bloomberg.com/profile/company/MNELF:US) project<br> |
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<br>29 June 2011<br> |
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<br>[Liberal Democrat](https://www.crunchbase.com/organization/mission-newenergy) MP Andrew George is backing a [project](https://pitchbook.com/profiles/company/51278-86) to keep [tax breaks](https://www.google.com/search?kgmid=/m/0cqd_rb) for business who produce [biodiesel](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>[Producers transforming](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) [cooking](https://www.google.com/search?kgmid=/m/0cqd_rb) oil into [biodiesel](https://www.crunchbase.com/organization/mission-newenergy) currently [benefit](https://www.zoominfo.com/c/mission-newenergy/346542889) from a 20p 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 been [satisfying](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) with the [UK sustainable](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) [biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) [alliance](https://stocktwits.com/symbol/MNEL).<br> |
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<br>Mr George said "a number of small companies in Cornwall presently earn money from utilized cooking oil".<br> |
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<br>He added: "In order to have the ability to get this type of industry going it does need just a bit of lift which can be found in the type of tax foregone."<br> |
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<br>[Biodiesel](https://www.businessnews.com.au/Company/Mission-NewEnergy) is a mix of [conventional](https://stocktwits.com/symbol/MNEL) diesel, [rapeseed](https://www.google.com/search?kgmid=/m/0cqd_rb) and [veggie oils](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/).<br> |
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<br>Fuel from [pasties](https://www.bloomberg.com/profile/company/MNELF:US) to power cars<br> |
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<br>13 May 2011<br> |
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<br>Old [chip fat](https://stocktwits.com/symbol/MNEL) powers Place ferryboat<br> |
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<br>15 June 2010<br> |
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<br>St Ives Liberal Democrats<br> |
