MP backs biodiesel tax break project
29 June 2011
Liberal Democrat MP Andrew George is backing a project to keep tax breaks for business who .
Producers converting cooking oil into biodiesel presently take advantage of a 20p differential but that is due to end next April.
The St Ives MP, who leads the Lib Dem Environment Team, has actually been meeting the UK sustainable biodiesel alliance.
Mr George stated "a number of small organizations in Cornwall presently generate income from utilized cooking oil".
He included: "In order to be able to get this type of industry going it does require simply a little bit of lift which can be found in the form of tax inescapable."
Biodiesel is a mix of traditional diesel, rapeseed and vegetable oils.
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Iona Back edited this page 2025-01-11 21:55:53 -05:00