MP backs biodiesel tax break project
29 June 2011
Liberal Democrat MP Andrew George is backing a campaign to keep tax breaks for business who produce biodiesel.
Producers transforming cooking oil into biodiesel currently gain from 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 stated "a number of small companies in Cornwall currently make cash from used cooking oil".
He included: "In order to be able to get this type of market going it does need simply a bit of lift which comes in the form of tax inevitable."
Biodiesel is a mix of conventional diesel, rapeseed and .
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MP Backs Biodiesel Tax Break Campaign
Chelsey Neighbour edited this page 4 weeks ago