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 produce biodiesel.
Producers transforming cooking oil into biodiesel presently benefit 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 alliance.
Mr George stated "a number of small companies in Cornwall currently make cash from used cooking oil".
He added: "In order to have the ability to get this type of market going it does require just a bit of lift which is available in the type of tax inescapable."
Biodiesel is a blend of conventional diesel, rapeseed and .
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MP Backs Biodiesel Tax Break Campaign
Franchesca Bonilla edited this page 2025-01-12 09:22:56 +00:00