MP backs break campaign
29 June 2011
Liberal Democrat MP Andrew George is backing a campaign to keep tax breaks for companies who produce biodiesel.
Producers converting cooking oil into biodiesel presently 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 been consulting with the UK sustainable biodiesel alliance.
Mr George said "a number of little businesses in Cornwall presently earn money from utilized cooking oil".
He included: "In order to be able to get this type of industry going it does require simply a little bit of lift which is available in the type of tax inevitable."
Biodiesel is a mix of traditional diesel, rapeseed and vegetable oils.
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MP Backs Biodiesel Tax Break Campaign
jorgeplayford edited this page 2025-01-18 09:54:17 +00:00