MP backs break project
29 June 2011
Liberal Democrat MP Andrew George is backing a project to keep tax breaks for business who produce biodiesel.
Producers transforming cooking oil into biodiesel presently gain from a 20p differential however that is due to 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 companies in Cornwall currently earn money from used cooking oil".
He included: "In order to be able to get this type of industry going it does need just a little bit of lift which can be found in the kind of tax foregone."
Biodiesel is a mix of standard diesel, rapeseed and veggie oils.
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MP Backs Biodiesel Tax Break Campaign
brandonstrope edited this page 2025-01-18 16:47:24 +08:00