MP backs biodiesel tax break campaign
29 June 2011
Liberal Democrat MP Andrew George is backing a campaign to keep tax breaks for business who produce biodiesel.
converting cooking oil into biodiesel currently benefit from 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 meeting the UK sustainable biodiesel alliance.
Mr George said "a variety of little organizations in Cornwall currently make cash from utilized cooking oil".
He added: "In order to have the ability to get this type of industry going it does require simply a bit of lift which comes in the kind of tax inevitable."
Biodiesel is a mix of traditional diesel, rapeseed and vegetable oils.
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MP Backs Biodiesel Tax Break Campaign
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