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 transforming into biodiesel currently take advantage of 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 number of small companies in Cornwall currently earn money from used cooking oil".
He included: "In order to have the ability to get this sort of industry going it does require just a bit of lift which can be found in the type of tax inevitable."
Biodiesel is a mix of conventional diesel, rapeseed and vegetable oils.
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MP Backs Biodiesel Tax Break Campaign
Lolita Worsham edited this page 2025-01-12 11:10:03 +00:00