MP backs biodiesel tax break project
29 June 2011
MP Andrew George is backing a campaign to keep tax breaks for business who produce biodiesel.
Producers converting cooking oil into biodiesel currently 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 consulting with the UK sustainable biodiesel alliance.
Mr George said "a variety of small businesses in Cornwall currently make money from used cooking oil".
He added: "In order to have the ability to get this kind of industry going it does need simply a bit of lift which is available in the type of tax inevitable."
Biodiesel is a blend of conventional diesel, rapeseed and vegetable oils.
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MP Backs Biodiesel Tax Break Campaign
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