MP backs biodiesel tax break project
29 June 2011
MP Andrew George is backing a project to keep tax breaks for companies who produce biodiesel.
Producers transforming cooking oil into biodiesel presently gain from a 20p differential however that is because of 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 said "a variety of small companies in Cornwall currently earn money from used cooking oil".
He included: "In order to be able to get this type of industry going it does require just a bit of lift which is available in the form of tax inescapable."
Biodiesel is a mix of standard diesel, rapeseed and veggie oils.
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MP Backs Biodiesel Tax Break Campaign
Chas Mackey edited this page 2 months ago