MP backs biodiesel tax break project
29 June 2011
Liberal Democrat MP Andrew George is backing a campaign to keep tax breaks for business who produce biodiesel.
Producers transforming cooking oil into biodiesel currently gain 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 meeting the UK sustainable biodiesel alliance.
Mr George said "a number of little companies in Cornwall presently earn money from used cooking oil".
He included: "In order to have the ability to get this type of industry going it does require simply a little bit of lift which comes in the kind of tax foregone."
Biodiesel is a mix of traditional diesel, rapeseed and veggie oils.
Fuel from pasties to power automobiles
13 May 2011
Old powers Place ferryboat
15 June 2010
St Ives Liberal Democrats
1
MP Backs Biodiesel Tax Break Campaign
Gertie Eldridge edited this page 2025-01-12 00:58:10 +08:00