MP backs biodiesel tax break project
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 but that is because of 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 number of small companies in Cornwall presently earn money from utilized cooking oil".
He included: "In order to be able to get this type of market going it does need simply a bit of lift which can be found in the form of tax inescapable."
Biodiesel is a mix of conventional diesel, and vegetable oils.
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MP Backs Biodiesel Tax Break Campaign
Felipa Knox edited this page 2025-01-18 06:58:21 +00:00