MP Backs Biodiesel Tax Break Campaign

MP backs biodiesel tax break project


29 June 2011


Liberal Democrat MP Andrew George is backing a project to keep tax breaks for business who produce biodiesel.


Producers transforming cooking oil into 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 actually been fulfilling with the UK sustainable biodiesel alliance.


Mr George said "a variety of small companies in Cornwall presently earn money from used cooking oil".


He included: "In order to be able to get this kind of market going it does need just a bit of lift which is available in the type of tax foregone."


Biodiesel is a mix of traditional diesel, rapeseed and veggie oils.


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St Ives Liberal Democrats