MP backs break campaign
29 June 2011
Liberal Democrat MP Andrew George is backing a project to keep tax breaks for companies who produce biodiesel.
Producers transforming cooking oil into biodiesel presently benefit from a 20p differential however that is due to end next April.
The St Ives MP, who leads the Lib Dem Environment Team, has been satisfying with the UK sustainable biodiesel alliance.
Mr George said "a number of small organizations in Cornwall presently generate income from used cooking oil".
He included: "In order to have the ability to get this kind of market going it does require just a bit of lift which comes in the form of tax inescapable."
Biodiesel is a blend of conventional diesel, rapeseed and veggie oils.
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MP Backs Biodiesel Tax Break Campaign
Kayleigh Stickler edited this page 3 weeks ago