MP backs biodiesel tax break project
29 June 2011
Liberal Democrat MP Andrew George is backing a campaign to keep tax breaks for business who produce biodiesel.
Producers transforming cooking oil into biodiesel presently 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 meeting with the UK sustainable biodiesel alliance.
Mr George said "a variety of small companies in Cornwall presently generate income from used cooking oil".
He included: "In order to be able to get this type of market going it does need simply a little bit of lift which comes in the form of tax foregone."
Biodiesel is a mix of standard diesel, rapeseed and .
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MP Backs Biodiesel Tax Break Campaign
Paige Garrison edited this page 2025-01-13 09:36:51 +00:00