MP backs biodiesel tax break project
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 currently benefit 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 meeting the UK sustainable biodiesel alliance.
Mr George stated "a number of little services in Cornwall presently earn money from utilized cooking oil".
He included: "In order to have the ability to get this kind of market going it does require just a little bit of lift which can be found in the kind of tax inescapable."
Biodiesel is a mix of traditional diesel, and veggie oils.
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MP Backs Biodiesel Tax Break Campaign
Kerrie Wrench edited this page 3 months ago