Add MP Backs Biodiesel Tax Break Campaign
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<br>MP backs [biodiesel tax](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) break campaign<br>
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<br>29 June 2011<br>
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<br>[Liberal Democrat](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) [MP Andrew](https://www.pinterest.com.au/missionnewenergy/) George is backing a [campaign](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) to keep [tax breaks](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) for [companies](https://stocktwits.com/symbol/MNEL) who [produce](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) [biodiesel](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm).<br>
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<br>[Producers converting](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) [cooking oil](https://forest500.org/rankings/companies/mission-newenergy-limited) into [biodiesel](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) currently gain from a 20p [differential](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) but that is because of end next April.<br>
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<br>The St Ives MP, who leads the Lib Dem Environment Team, has actually been [consulting](https://www.bloomberg.com/profile/company/MNELF:US) with the [UK sustainable](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) [biodiesel](https://www.google.com/search?kgmid=/m/0cqd_rb) [alliance](https://www.crunchbase.com/organization/mission-newenergy).<br>
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<br>Mr George said "a number of small organizations in Cornwall presently make cash from used cooking oil".<br>
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<br>He added: "In order to have the ability to get this sort of market going it does need simply a little bit of lift which comes in the form of tax inescapable."<br>
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<br>[Biodiesel](https://forest500.org/rankings/companies/mission-newenergy-limited) is a mix of traditional diesel, [rapeseed](https://www.pinterest.com.au/missionnewenergy/) and [veggie oils](https://forest500.org/rankings/companies/mission-newenergy-limited).<br>
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<br>Fuel from to power automobiles<br>
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<br>13 May 2011<br>
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<br>Old [chip fat](https://pitchbook.com/profiles/company/51278-86) powers Place ferryboat<br>
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<br>15 June 2010<br>
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<br>St [Ives Liberal](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) Democrats<br>
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