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 currently benefit from a 20p differential however 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 stated "a number of small companies in Cornwall presently earn money from utilized cooking oil".
He included: "In order to have the ability to get this sort of industry going it does need just a bit of lift which can be found in the type of tax inescapable."
Biodiesel is a blend of traditional diesel, rapeseed and vegetable oils.
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MP Backs Biodiesel Tax Break Campaign
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