MP backs biodiesel tax break campaign
29 June 2011
MP Andrew George is backing a campaign to keep tax breaks for business who produce biodiesel.
Producers converting cooking oil into biodiesel currently take advantage of a 20p differential but that is due to end next April.
The St Ives MP, who leads the Lib Dem Environment Team, has actually been fulfilling with the UK sustainable biodiesel alliance.
Mr George stated "a number of small companies in Cornwall currently generate income from utilized cooking oil".
He included: "In order to have the ability to get this sort of market going it does need just a bit of lift which comes in the kind of tax inescapable."
Biodiesel is a mix of conventional diesel, rapeseed and vegetable oils.
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MP Backs Biodiesel Tax Break Campaign
trevorlinn6819 edited this page 2025-01-18 13:17:30 +08:00