MP backs biodiesel tax break campaign
29 June 2011
Liberal Democrat MP Andrew George is backing a campaign to keep tax breaks for companies who .
Producers transforming cooking oil into biodiesel presently take advantage of 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 small companies in Cornwall currently earn money from utilized cooking oil".
He added: "In order to be able to get this kind of market going it does require simply a little bit of lift which can be found in the kind of tax inevitable."
Biodiesel is a mix of standard diesel, rapeseed and vegetable oils.
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MP Backs Biodiesel Tax Break Campaign
agnesscofield0 edited this page 2025-01-13 01:34:53 +08:00