MP backs biodiesel tax break project
29 June 2011
Liberal Democrat MP Andrew George is backing a project to keep for companies who produce biodiesel.
Producers converting cooking oil into biodiesel presently benefit 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 companies in Cornwall currently generate income from used cooking oil".
He included: "In order to be able to get this sort of industry going it does need just a bit of lift which is available in the type of tax inescapable."
Biodiesel is a mix of standard diesel, rapeseed and vegetable oils.
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Debbra Ortiz edited this page 2025-01-11 23:45:24 +08:00