MP backs biodiesel tax break project
29 June 2011
Liberal Democrat MP Andrew George is backing a project to keep tax breaks for business who produce biodiesel.
Producers transforming cooking oil into biodiesel currently 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 fulfilling with the UK sustainable biodiesel alliance.
Mr George stated "a number of small organizations in Cornwall currently make cash from used cooking oil".
He included: "In order to be able to get this type of market going it does need just a bit of lift which is available in the type of tax inevitable."
Biodiesel is a mix of standard diesel, rapeseed and vegetable oils.
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MP Backs Biodiesel Tax Break Campaign
Christa Galvin edited this page 2025-01-12 16:27:08 +11:00