MP backs biodiesel tax break campaign
29 June 2011
Liberal Democrat MP Andrew George is backing a project to keep tax breaks for business who produce biodiesel.
Producers oil into biodiesel currently benefit from a 20p differential however that is due to end next April.
The St Ives MP, who leads the Lib Dem Environment Team, has actually been consulting with the UK sustainable biodiesel alliance.
Mr George said "a number of small organizations in Cornwall currently earn money from used cooking oil".
He added: "In order to be able to get this type of market going it does require simply a bit of lift which is available in the kind of tax inescapable."
Biodiesel is a mix of conventional diesel, rapeseed and vegetable oils.
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MP Backs Biodiesel Tax Break Campaign
florriebarnhil edited this page 2025-01-12 10:52:41 +00:00