MP backs biodiesel tax break campaign
29 June 2011
Liberal Democrat MP Andrew George is backing a project to keep tax breaks for companies who .
Producers converting cooking oil into biodiesel currently 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 number of small companies in Cornwall currently make money from utilized cooking oil".
He included: "In order to have the ability to get this type of industry going it does need simply a little bit of lift which comes in the kind of tax foregone."
Biodiesel is a mix of conventional diesel, rapeseed and veggie oils.
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MP Backs Biodiesel Tax Break Campaign
Jaxon Zielinski edited this page 2025-01-18 14:16:53 +08:00