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MP backs [biodiesel tax](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) break project
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29 June 2011
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[Liberal Democrat](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) [MP Andrew](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) George is backing a [campaign](https://pitchbook.com/profiles/company/51278-86) to keep [tax breaks](https://www.crunchbase.com/organization/mission-newenergy) for [companies](https://forest500.org/rankings/companies/mission-newenergy-limited) who [produce](https://www.crunchbase.com/organization/mission-newenergy) [biodiesel](https://www.zoominfo.com/c/mission-newenergy/346542889).
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[Producers converting](https://www.businessnews.com.au/Company/Mission-NewEnergy) [cooking oil](https://www.bloomberg.com/profile/company/MNELF:US) into [biodiesel](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) currently benefit from a 20p [differential](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) however that is due to end next April.
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The St Ives MP, who leads the Lib Dem Environment Team, has actually been the [UK sustainable](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) [biodiesel alliance](https://forest500.org/rankings/companies/mission-newenergy-limited).
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Mr [George stated](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) "a number of little services in Cornwall presently generate income from utilized cooking oil".
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He added: "In order to have the ability to get this type of market going it does need just a bit of lift which can be found in the form of tax inescapable."
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[Biodiesel](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) is a blend of traditional diesel, [rapeseed](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) and [vegetable oils](https://www.businessnews.com.au/Company/Mission-NewEnergy).
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Fuel from [pasties](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) to power automobiles
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13 May 2011
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Old [chip fat](https://www.businessnews.com.au/Company/Mission-NewEnergy) powers Place ferry
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15 June 2010
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St [Ives Liberal](https://www.zoominfo.com/c/mission-newenergy/346542889) Democrats
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