MP backs biodiesel tax break project
29 June 2011
Liberal Democrat MP Andrew George is backing a campaign to keep tax breaks for who produce biodiesel.
Producers converting cooking oil into biodiesel currently 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 actually been satisfying with the UK sustainable biodiesel alliance.
Mr George said "a number of small companies in Cornwall currently generate income from utilized cooking oil".
He added: "In order to have the ability to get this type of industry going it does require just a bit of lift which comes in the form of tax inevitable."
Biodiesel is a blend of standard diesel, rapeseed and veggie oils.
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MP Backs Biodiesel Tax Break Campaign
Rodolfo Pfeiffer edited this page 2025-01-18 13:04:28 +08:00