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 produce biodiesel.
Producers transforming cooking oil into biodiesel currently take advantage of a 20p differential however that is because of end next April.
The St Ives MP, who leads the Lib Dem Environment Team, has actually been satisfying with the UK sustainable biodiesel .
Mr George said "a variety of small companies in Cornwall currently earn money from used cooking oil".
He included: "In order to have the ability to get this kind of market going it does need simply a little bit of lift which comes in the kind of tax inevitable."
Biodiesel is a mix of standard diesel, rapeseed and veggie oils.
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MP Backs Biodiesel Tax Break Campaign
Katja Carl edited this page 18 hours ago