MP backs biodiesel tax break campaign
29 June 2011
Liberal Democrat MP Andrew George is backing a campaign to keep tax breaks for business who produce biodiesel.
Producers converting cooking oil into biodiesel presently gain from a 20p differential but that is due to 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 variety of small organizations in Cornwall currently make money from used cooking oil".
He added: "In order to have the ability to get this type of market going it does require just a bit of lift which comes in the form of tax inevitable."
Biodiesel is a blend of standard diesel, rapeseed and vegetable oils.
Fuel from pasties to power cars and trucks
13 May 2011
Old chip fat powers Place ferry
15 June 2010
St Democrats
1
MP Backs Biodiesel Tax Break Campaign
Marissa Shipman edited this page 2 months ago