MP backs biodiesel tax break project
29 June 2011
Liberal Democrat MP Andrew George is backing a campaign to keep tax breaks for companies who produce biodiesel.
Producers transforming cooking oil into biodiesel currently take advantage of 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 stated "a variety of little businesses in Cornwall presently generate income from utilized cooking oil".
He added: "In order to have the ability to get this sort of market going it does need simply a bit of lift which can be found in the form of tax inevitable."
Biodiesel is a blend of traditional diesel, rapeseed and veggie oils.
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MP Backs Biodiesel Tax Break Campaign
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