MP backs biodiesel tax break campaign
29 June 2011
Liberal Democrat MP Andrew George is backing a campaign to keep tax breaks for companies who produce biodiesel.
Producers converting 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 been meeting the UK sustainable biodiesel alliance.
Mr George stated "a number of small companies in Cornwall presently earn money from utilized cooking oil".
He included: "In order to have the ability to get this type of industry going it does require just a bit of lift which can be found in the type of tax foregone."
Biodiesel is a mix of conventional diesel, rapeseed and .
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MP Backs Biodiesel Tax Break Campaign
Leora Castanon edited this page 2025-01-12 20:02:50 +08:00