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 converting cooking oil into biodiesel presently take advantage of 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 biodiesel alliance.
Mr George said "a number of small organizations in Cornwall presently make money from utilized cooking oil".
He added: "In order to be able to get this sort of market going it does require simply a little bit of lift which can be found in the form of tax inevitable."
Biodiesel is a mix of traditional diesel, rapeseed and vegetable oils.
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MP Backs Biodiesel Tax Break Campaign
Ellis Maclean edited this page 2025-01-12 19:55:24 +08:00