MP backs biodiesel tax break campaign
29 June 2011
Liberal Democrat MP Andrew George is backing a project to keep tax breaks for business who produce biodiesel.
Producers converting cooking oil into biodiesel presently gain from a 20p differential however that is because of end next April.
The St Ives MP, who leads the Lib Dem Environment Team, has actually been consulting with the UK sustainable biodiesel alliance.
Mr George said "a number of small services in Cornwall currently generate income from used cooking oil".
He included: "In order to be able to get this kind of industry going it does need simply a bit of lift which can be found in the form of tax inevitable."
Biodiesel is a blend of conventional diesel, and vegetable oils.
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MP Backs Biodiesel Tax Break Campaign
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