MP backs break campaign
29 June 2011
Liberal Democrat MP Andrew George is backing a campaign to keep tax breaks for companies who produce biodiesel.
Producers converting cooking oil into biodiesel currently benefit from a 20p differential but that is due to end next April.
The St Ives MP, who leads the Lib Dem Environment Team, has been fulfilling with the UK sustainable biodiesel alliance.
Mr George stated "a number of little services in Cornwall presently make cash from utilized cooking oil".
He included: "In order to have the ability to get this sort of industry going it does require simply a bit of lift which can be found in the form of tax inescapable."
Biodiesel is a blend of standard diesel, rapeseed and vegetable oils.
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MP Backs Biodiesel Tax Break Campaign
Debora Fyans edited this page 2025-01-12 08:53:35 +00:00