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 but that is due to end next April.
The St Ives MP, who leads the Lib Dem Environment Team, has been fulfilling with the UK sustainable biodiesel alliance.
Mr George said "a variety of small companies in Cornwall presently generate income from used cooking oil".
He included: "In order to have the ability to get this type of market going it does need just a bit of lift which can be found in the type of tax inescapable."
Biodiesel is a mix of conventional diesel, rapeseed and veggie oils.
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MP Backs Biodiesel Tax Break Campaign
Dorris Bess edited this page 2025-01-13 03:44:32 +08:00