MP backs biodiesel tax break project
29 June 2011
Liberal Democrat MP Andrew George is backing a project to keep tax breaks for companies who produce biodiesel.
cooking oil into biodiesel currently 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 fulfilling with the UK sustainable biodiesel alliance.
Mr George stated "a variety of little businesses in Cornwall presently earn money from utilized cooking oil".
He added: "In order to have the ability to get this type of industry going it does require just a little bit of lift which comes in the type of tax inescapable."
Biodiesel is a mix of conventional diesel, rapeseed and veggie oils.
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MP Backs Biodiesel Tax Break Campaign
Theron Sprouse edited this page 2025-01-12 05:01:48 +08:00