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 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 been consulting with the UK sustainable biodiesel alliance.
Mr George stated "a variety of small companies in Cornwall currently earn money from utilized cooking oil".
He added: "In order to have the ability to get this sort of industry going it does need just a little bit of lift which is available in the kind of tax foregone."
Biodiesel is a blend of traditional diesel, rapeseed and .
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MP Backs Biodiesel Tax Break Campaign
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