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 converting cooking oil into biodiesel presently benefit from a 20p however that is due to 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 variety of small companies in Cornwall presently make cash from used cooking oil".
He included: "In order to have the ability to get this kind of industry going it does require simply a bit of lift which is available in the type of tax inevitable."
Biodiesel is a mix of conventional diesel, rapeseed and vegetable oils.
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MP Backs Biodiesel Tax Break Campaign
anthonybrace37 edited this page 2025-01-12 08:14:38 +01:00