1 MP Backs Biodiesel Tax Break Campaign
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MP backs biodiesel tax break campaign

29 June 2011

Liberal Democrat MP Andrew George is backing a project to keep tax breaks for business who produce biodiesel.

Producers converting cooking oil into biodiesel presently take advantage of a 20p differential however 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 stated "a number of little services in Cornwall presently generate income from utilized cooking oil".

He added: "In order to be able to get this sort of market going it does require simply a bit of lift which is available in the type of tax inevitable."

Biodiesel is a blend of standard diesel, and vegetable oils.

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