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 gain 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 consulting with the UK sustainable .
Mr George said "a number of small services in Cornwall currently generate income from utilized cooking oil".
He included: "In order to be able to get this sort of industry going it does require just a bit of lift which is available in the type of tax inescapable."
Biodiesel is a blend of conventional diesel, rapeseed and veggie oils.
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MP Backs Biodiesel Tax Break Campaign
Sondra Wakelin edited this page 2025-01-18 07:30:33 +00:00