MP backs biodiesel tax break campaign
29 June 2011
Liberal Democrat MP Andrew George is backing a project to keep tax breaks for companies who produce biodiesel.
Producers transforming 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 meeting the UK sustainable biodiesel alliance.
Mr George said "a variety of little services in Cornwall presently generate income from utilized cooking oil".
He included: "In order to have the ability to get this type of market going it does require just a little bit of lift which can be found in the form of tax inevitable."
Biodiesel is a blend of standard diesel, rapeseed and vegetable oils.
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MP Backs Biodiesel Tax Break Campaign
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