MP backs biodiesel tax break project
29 June 2011
Liberal Democrat MP Andrew George is backing a campaign to keep tax breaks for companies who .
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 been meeting the UK sustainable biodiesel alliance.
Mr George stated "a variety of small companies in Cornwall presently earn money from used cooking oil".
He included: "In order to be able to get this sort of market going it does need just a little bit of lift which comes in the kind of tax inescapable."
Biodiesel is a blend of traditional diesel, rapeseed and veggie oils.
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MP Backs Biodiesel Tax Break Campaign
altaknudsen083 edited this page 2025-01-11 18:42:47 -06:00