MP backs biodiesel tax break campaign
29 June 2011
Liberal Democrat MP Andrew George is backing a project to keep tax breaks for companies who produce biodiesel.
transforming cooking oil into biodiesel currently 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 meeting the UK sustainable biodiesel alliance.
Mr George said "a variety of small companies in Cornwall presently earn money from utilized cooking oil".
He added: "In order to have the ability to get this sort of market going it does require just a little bit of lift which can be found in the type of tax inescapable."
Biodiesel is a blend of standard diesel, rapeseed and vegetable oils.
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MP Backs Biodiesel Tax Break Campaign
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