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 produce biodiesel.
Producers transforming cooking oil into biodiesel presently gain from a 20p differential but 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 .
Mr George stated "a number of small companies in Cornwall currently make cash from utilized cooking oil".
He included: "In order to be able to get this kind of industry going it does need simply a little bit of lift which can be found in the type of tax inevitable."
Biodiesel is a mix of standard diesel, rapeseed and vegetable oils.
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MP Backs Biodiesel Tax Break Campaign
Victor Blewett edited this page 2025-01-12 12:53:51 +08:00