MP backs 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 take advantage of a 20p differential however that is because of end next April.
The St Ives MP, who leads the Lib Dem Environment Team, has been consulting with the UK sustainable biodiesel alliance.
Mr George stated "a number of small companies in Cornwall currently generate income from utilized cooking oil".
He included: "In order to be able to get this sort of industry going it does require simply a little bit of lift which comes in the kind of tax inescapable."
Biodiesel is a blend of standard diesel, rapeseed and veggie oils.
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MP Backs Biodiesel Tax Break Campaign
Isobel Creel edited this page 2025-01-10 19:03:58 +01:00