MP backs biodiesel tax break project
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 presently take advantage of a 20p but that is because of end next April.
The St Ives MP, who leads the Lib Dem Environment Team, has actually been meeting with the UK sustainable biodiesel alliance.
Mr George said "a variety of small businesses in Cornwall currently earn money from utilized cooking oil".
He included: "In order to be able to get this type of industry going it does require simply a bit of lift which is available in the form of tax inevitable."
Biodiesel is a blend of standard diesel, rapeseed and veggie oils.
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Isabella Corey edited this page 2025-01-10 22:20:54 +01:00