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 presently take advantage of a 20p differential but that is because of end next April.
The St Ives MP, who leads the Lib Dem Environment Team, has been meeting the UK sustainable biodiesel alliance.
Mr George stated "a number of small companies in Cornwall currently generate income from used cooking oil".
He added: "In order to have the ability to get this sort of industry going it does need simply a bit of lift which is available in the kind of tax inescapable."
is a mix of conventional diesel, rapeseed and vegetable oils.
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MP Backs Biodiesel Tax Break Campaign
declan91u87553 edited this page 2025-01-11 23:31:32 -08:00