MP backs biodiesel tax break project
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 because of end next April.
The St Ives MP, who leads the Lib Dem Environment Team, has actually been meeting the UK sustainable .
Mr George said "a variety of little organizations in Cornwall currently earn money from utilized cooking oil".
He added: "In order to be able to get this type of market going it does require just a little bit of lift which is available in the form of tax inescapable."
Biodiesel is a mix of traditional diesel, rapeseed and vegetable oils.
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MP Backs Biodiesel Tax Break Campaign
scikendall7440 edited this page 2025-01-12 02:58:59 +08:00