MP backs biodiesel tax break campaign
29 June 2011
Liberal Democrat MP Andrew George is backing a campaign to keep tax breaks for business who produce biodiesel.
Producers converting cooking oil into biodiesel presently 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 actually been meeting the UK sustainable biodiesel alliance.
Mr George stated "a variety of small companies in Cornwall currently earn money from utilized cooking oil".
He added: "In order to be able to get this type of market going it does need simply a little bit of lift which comes in the kind of tax foregone."
Biodiesel is a mix of standard diesel, rapeseed and .
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MP Backs Biodiesel Tax Break Campaign
Nelle Thring edited this page 3 months ago