MP backs biodiesel tax break project
29 June 2011
Liberal Democrat MP Andrew George is backing a project to keep tax breaks for companies who .
Producers transforming cooking oil into biodiesel presently benefit 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 consulting with the UK sustainable biodiesel alliance.
Mr George said "a number of small companies in Cornwall presently make money from used cooking oil".
He included: "In order to have the ability to get this type of market going it does need just a bit of lift which is available in the type of tax inevitable."
Biodiesel is a mix of traditional diesel, rapeseed and vegetable oils.
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MP Backs Biodiesel Tax Break Campaign
georginagilroy edited this page 2025-01-12 11:47:27 +08:00