MP backs biodiesel tax break campaign
29 June 2011
Liberal Democrat MP Andrew George is backing a project to keep tax breaks for companies who produce biodiesel.
Producers converting cooking oil into biodiesel currently gain from a 20p differential but that is because of 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 variety of little businesses in Cornwall presently generate income from used cooking oil".
He added: "In order to be able to get this sort of industry going it does need just a bit of lift which can be found in the kind of tax inescapable."
Biodiesel is a mix of diesel, rapeseed and veggie oils.
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MP Backs Biodiesel Tax Break Campaign
Chiquita Koch edited this page 2025-01-18 12:44:24 +08:00