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 presently 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 meeting with the UK sustainable biodiesel alliance.
Mr George stated "a variety of small companies in Cornwall presently make money from used cooking oil".
He added: "In order to have the ability to get this type of market going it does need simply a little bit of lift which comes in the kind of tax inescapable."
Biodiesel is a blend of standard diesel, rapeseed and .
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MP Backs Biodiesel Tax Break Campaign
petebancks9005 edited this page 2025-01-18 12:58:33 +08:00