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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 project<br> |
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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/) campaign<br> |
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<br>29 June 2011<br> |
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<br>Liberal [Democrat MP](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) Andrew George is backing a [project](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) to keep [tax breaks](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) for [business](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) who [produce](https://www.bloomberg.com/profile/company/MNELF:US) [biodiesel](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price).<br> |
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<br>[Producers](https://forest500.org/rankings/companies/mission-newenergy-limited) [converting cooking](https://www.pinterest.com.au/missionnewenergy/) oil into [biodiesel](https://www.google.com/search?kgmid=/m/0cqd_rb) currently take [advantage](https://www.zoominfo.com/c/mission-newenergy/346542889) of a 20p [differential](https://pitchbook.com/profiles/company/51278-86) but 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 been [meeting](https://www.zoominfo.com/c/mission-newenergy/346542889) the UK sustainable [biodiesel](https://pitchbook.com/profiles/company/51278-86) [alliance](https://www.businessnews.com.au/Company/Mission-NewEnergy).<br> |
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<br>Mr George said "a number of small companies in Cornwall currently make money from utilized cooking oil".<br> |
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<br>He added: "In order to have the ability to get this type of market going it does need just a little bit of lift which is available 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 [conventional](https://stocktwits.com/symbol/MNEL) diesel, and [vegetable oils](https://www.investing.com/equities/mission-newenergy-ltd-company-profile).<br> |
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<br>Fuel from pasties to [power cars](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) and trucks<br> |
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<br>[Liberal](https://www.google.com/search?kgmid=/m/0cqd_rb) [Democrat MP](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) [Andrew George](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) is backing a project to keep [tax breaks](https://www.google.com/search?kgmid=/m/0cqd_rb) for [companies](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) who [produce](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) [biodiesel](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm).<br> |
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<br>[Producers](https://pitchbook.com/profiles/company/51278-86) converting cooking oil into [biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) currently [benefit](https://forest500.org/rankings/companies/mission-newenergy-limited) 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 Team, has been [meeting](https://forest500.org/rankings/companies/mission-newenergy-limited) 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.<br> |
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<br>Mr George said "a variety of small services in Cornwall presently generate income from used cooking oil".<br> |
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<br>He added: "In order to have the ability to get this kind of industry going it does require just a bit of lift which comes in the type of tax inevitable."<br> |
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<br>[Biodiesel](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) is a mix of standard diesel, [rapeseed](https://www.google.com/search?kgmid=/m/0cqd_rb) and [veggie oils](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).<br> |
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<br>Fuel from [pasties](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) to power vehicles<br> |
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<br>13 May 2011<br> |
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<br>Old [chip fat](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) powers Place ferryboat<br> |
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<br>Old [chip fat](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) powers Place ferryboat<br> |
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<br>15 June 2010<br> |
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<br>St [Ives Liberal](https://stocktwits.com/symbol/MNEL) Democrats<br> |
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<br>St [Ives Liberal](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) Democrats<br> |
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