MP backs break campaign
29 June 2011
Liberal Democrat MP Andrew George is backing a project to keep tax breaks for companies who produce biodiesel.
Producers transforming cooking oil into biodiesel presently gain from a 20p differential however that is because of end next April.
The St Ives MP, who leads the Lib Dem Environment Team, has been meeting the UK sustainable biodiesel alliance.
Mr George stated "a number of little companies in Cornwall currently generate income from used cooking oil".
He included: "In order to be able to get this type of market going it does require simply a bit of lift which comes in the type of tax foregone."
Biodiesel is a blend of traditional diesel, rapeseed and vegetable oils.
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MP Backs Biodiesel Tax Break Campaign
lurlenebunnell edited this page 2025-01-11 11:49:04 -05:00