MP backs biodiesel tax break project
29 June 2011
Liberal Democrat MP Andrew George is backing a project to keep tax breaks for companies who produce biodiesel.
Producers converting cooking oil into biodiesel currently 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 .
Mr George stated "a number of small organizations in Cornwall currently earn money from utilized cooking oil".
He included: "In order to be able to get this sort of industry going it does need simply a bit of lift which comes in the kind of tax inevitable."
Biodiesel is a blend of standard diesel, rapeseed and veggie oils.
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MP Backs Biodiesel Tax Break Campaign
Darrell Nies edited this page 2025-01-18 12:42:12 +00:00