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 transforming cooking oil into biodiesel currently take advantage of a 20p differential but that is because of 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 variety of small companies in Cornwall presently generate income from utilized cooking oil".
He added: "In order to have the ability to get this sort of industry going it does require simply a little bit of lift which can be found in the form of tax inescapable."
Biodiesel is a mix of traditional diesel, rapeseed and veggie oils.
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MP Backs Biodiesel Tax Break Campaign
Abdul O'Conor edited this page 2025-01-11 20:06:07 +01:00