MP backs biodiesel tax break campaign
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 presently gain from a 20p differential but that is because of end next April.
The St Ives MP, who leads the Lib Dem Environment Team, has actually been with the UK sustainable biodiesel alliance.
Mr George said "a variety of small companies in Cornwall presently make cash from used cooking oil".
He included: "In order to be able to get this type of market going it does require simply a bit of lift which is available in the type of tax inescapable."
Biodiesel is a mix of traditional diesel, rapeseed and veggie oils.
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MP Backs Biodiesel Tax Break Campaign
Dotty Priest edited this page 2025-01-17 23:20:59 +00:00