MP backs biodiesel tax break campaign
29 June 2011
MP Andrew George is backing a project to keep tax breaks for business who produce biodiesel.
Producers transforming cooking oil into biodiesel presently benefit from a 20p differential however that is because of end next April.
The St Ives MP, who leads the Lib Dem Environment Team, has actually been fulfilling with the UK sustainable biodiesel alliance.
Mr George stated "a number of small organizations in Cornwall presently make money from used cooking oil".
He included: "In order to be able to get this type of industry going it does require simply a little bit of lift which can be found in the kind of tax inescapable."
Biodiesel is a blend of standard diesel, rapeseed and vegetable oils.
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MP Backs Biodiesel Tax Break Campaign
Traci Blanco edited this page 2025-01-14 12:22:56 +08:00