MP backs biodiesel tax break campaign
29 June 2011
Liberal Democrat MP Andrew George is backing a project to keep tax breaks for business who produce biodiesel.
Producers converting cooking oil into biodiesel presently take advantage of a 20p differential however that is due to end next April.
The St Ives MP, who leads the Lib Dem Environment Team, has actually been consulting with the UK sustainable biodiesel alliance.
Mr George said "a variety of small companies in Cornwall presently earn money from used cooking oil".
He included: "In order to be able to get this type of market going it does require simply a bit of lift which comes in the kind of tax inescapable."
Biodiesel is a blend of standard diesel, rapeseed and .
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MP Backs Biodiesel Tax Break Campaign
Chloe Rosen edited this page 1 month ago