Add MP Backs Biodiesel Tax Break Campaign

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<br>MP backs [biodiesel tax](https://www.zoominfo.com/c/mission-newenergy/346542889) break project<br>
<br>29 June 2011<br>
<br> [MP Andrew](https://www.businessnews.com.au/Company/Mission-NewEnergy) George is backing a [campaign](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) to keep [tax breaks](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) for [companies](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) who [produce](https://pitchbook.com/profiles/company/51278-86) [biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053).<br>
<br>Producers [converting](https://stocktwits.com/symbol/MNEL) [cooking](https://www.google.com/search?kgmid=/m/0cqd_rb) oil into [biodiesel presently](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) take [advantage](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) of a 20p [differential](https://www.businessnews.com.au/Company/Mission-NewEnergy) but that is because of end next April.<br>
<br>The St Ives MP, who leads the Lib Dem [Environment](https://forest500.org/rankings/companies/mission-newenergy-limited) Team, has been consulting with the [UK sustainable](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) [biodiesel](https://www.zoominfo.com/c/mission-newenergy/346542889) [alliance](https://www.investing.com/equities/mission-newenergy-ltd-company-profile).<br>
<br>Mr George said "a number of small companies in Cornwall currently generate income from utilized cooking oil".<br>
<br>He added: "In order to be able to get this type of industry going it does require simply a bit of lift which can be found in the kind of tax inescapable."<br>
<br>[Biodiesel](https://www.pinterest.com.au/missionnewenergy/) is a blend of conventional diesel, [rapeseed](https://www.bloomberg.com/profile/company/MNELF:US) and [vegetable oils](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html).<br>
<br>Fuel from [pasties](https://forest500.org/rankings/companies/mission-newenergy-limited) to power automobiles<br>
<br>13 May 2011<br>
<br>Old chip fat powers Place ferry<br>
<br>15 June 2010<br>
<br>St [Ives Liberal](https://forest500.org/rankings/companies/mission-newenergy-limited) Democrats<br>