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 transforming cooking oil into biodiesel currently benefit from a 20p but that is due to 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 organizations in Cornwall currently earn money from utilized cooking oil".
He included: "In order to be able to get this sort of industry going it does require just a bit of lift which can be found in the type of tax inevitable."
Biodiesel is a blend of traditional diesel, rapeseed and veggie oils.
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MP Backs Biodiesel Tax Break Campaign
evelynebrose1 edited this page 2025-01-18 10:24:27 +08:00