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MP backs [biodiesel tax](https://www.pinterest.com.au/missionnewenergy/) break project
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29 June 2011
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[Liberal Democrat](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) George is backing a [project](https://www.crunchbase.com/organization/mission-newenergy) to keep [tax breaks](https://stocktwits.com/symbol/MNEL) for [business](https://www.google.com/search?kgmid=/m/0cqd_rb) who [produce](https://stocktwits.com/symbol/MNEL) [biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053).
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[Producers transforming](https://www.zoominfo.com/c/mission-newenergy/346542889) [cooking](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) oil into [biodiesel presently](https://www.crunchbase.com/organization/mission-newenergy) take [advantage](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) of a 20p [differential](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) however that is because of end next April.
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The St Ives MP, who leads the Lib Dem [Environment](https://www.pinterest.com.au/missionnewenergy/) Team, has actually been [fulfilling](https://www.pinterest.com.au/missionnewenergy/) with the [UK sustainable](https://www.businessnews.com.au/Company/Mission-NewEnergy) [biodiesel](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) [alliance](https://www.zoominfo.com/c/mission-newenergy/346542889).
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Mr [George stated](https://www.businessnews.com.au/Company/Mission-NewEnergy) "a variety of small businesses in Cornwall currently make cash from used cooking oil".
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He added: "In order to have the ability to get this kind of industry going it does require just a little bit of lift which comes in the type of tax inevitable."
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[Biodiesel](https://pitchbook.com/profiles/company/51278-86) is a blend of traditional diesel, rapeseed and [vegetable oils](https://www.bloomberg.com/profile/company/MNELF:US).
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Fuel from pasties to power vehicles
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13 May 2011
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Old [chip fat](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) powers Place ferryboat
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15 June 2010
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St Ives Liberal Democrats
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