MP backs break project
29 June 2011
Liberal Democrat MP Andrew George is backing a campaign to keep tax breaks for business who produce biodiesel.
Producers converting cooking oil into biodiesel presently take advantage of a 20p differential but 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 small companies in Cornwall currently generate income from utilized cooking oil".
He added: "In order to have the ability to get this sort of market going it does require just a bit of lift which comes in the form of tax foregone."
Biodiesel is a blend of standard diesel, rapeseed and veggie oils.
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MP Backs Biodiesel Tax Break Campaign
Melisa Littlefield edited this page 2025-01-11 22:32:23 +00:00