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+<br>MP backs [biodiesel](https://www.pinterest.com.au/missionnewenergy/) [tax break](https://pitchbook.com/profiles/company/51278-86) project<br>
+<br>29 June 2011<br>
+<br>Liberal Democrat [MP Andrew](https://stocktwits.com/symbol/MNEL) George is backing a  to keep [tax breaks](https://stocktwits.com/symbol/MNEL) for [companies](https://www.zoominfo.com/c/mission-newenergy/346542889) who [produce biodiesel](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/).<br>
+<br>[Producers transforming](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) [cooking oil](https://forest500.org/rankings/companies/mission-newenergy-limited) into [biodiesel](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) currently gain from a 20p [differential](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) but that is due to end next April.<br>
+<br>The St Ives MP, who leads the Lib Dem [Environment](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) Team, has actually been [consulting](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) with the [UK sustainable](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) [biodiesel alliance](https://forest500.org/rankings/companies/mission-newenergy-limited).<br>
+<br>Mr George said "a number of small services in Cornwall presently generate income from used cooking oil".<br>
+<br>He added: "In order to have the ability to get this kind of industry going it does require simply a little bit of lift which is available in the type of tax foregone."<br>
+<br>[Biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) is a mix of [traditional](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) diesel, [rapeseed](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) and [vegetable oils](https://www.businessnews.com.au/Company/Mission-NewEnergy).<br>
+<br>Fuel from [pasties](https://www.zoominfo.com/c/mission-newenergy/346542889) to power vehicles<br>
+<br>13 May 2011<br>
+<br>Old [chip fat](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) powers Place ferry<br>
+<br>15 June 2010<br>
+<br>St [Ives Liberal](https://www.bloomberg.com/profile/company/MNELF:US) Democrats<br>
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