MP backs biodiesel tax break project
29 June 2011
Liberal Democrat MP Andrew George is backing a project to keep tax breaks for business who produce biodiesel.
Producers converting cooking oil into biodiesel currently gain from a 20p differential however that is because of end next April.
The St Ives MP, who leads the Lib Dem Team, has been consulting with the UK sustainable biodiesel alliance.
Mr George stated "a number of little businesses in Cornwall currently generate income from used cooking oil".
He included: "In order to be able to get this sort of market going it does require simply a bit of lift which can be found in the kind of tax inevitable."
Biodiesel is a blend of traditional diesel, rapeseed and veggie oils.
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MP Backs Biodiesel Tax Break Campaign
Dewey Vanhorn edited this page 2025-01-12 04:42:20 +08:00