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 .
Producers transforming cooking oil into biodiesel presently benefit from a 20p differential but that is due to end next April.
The St Ives MP, who leads the Lib Dem Environment Team, has been consulting with the UK sustainable biodiesel alliance.
Mr George stated "a variety of small services in Cornwall currently make cash from utilized cooking oil".
He added: "In order to be able to get this sort of industry going it does require just a little bit of lift which can be found in the kind of tax inescapable."
Biodiesel is a blend of conventional diesel, rapeseed and vegetable oils.
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MP Backs Biodiesel Tax Break Campaign
Judson Harriet edited this page 3 months ago