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 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 actually been meeting with the UK sustainable biodiesel alliance.
Mr George stated "a number of small services in Cornwall presently make money from utilized cooking oil".
He added: "In order to have the ability to get this type of industry going it does need simply a little bit of lift which can be found in the kind of tax inescapable."
is a mix of traditional diesel, rapeseed and veggie oils.
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MP Backs Biodiesel Tax Break Campaign
Archer Hoffmann edited this page 7 days ago