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 transforming cooking oil into biodiesel presently gain 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 said "a number of small companies in Cornwall currently earn money from utilized cooking oil".
He included: "In order to have the ability to get this sort of market going it does require simply a little bit of lift which is available in the form of tax inescapable."
is a blend of standard diesel, rapeseed and vegetable oils.
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MP Backs Biodiesel Tax Break Campaign
Elizabet Suggs edited this page 2025-01-12 06:08:45 +00:00