MP backs biodiesel tax break campaign
29 June 2011
MP Andrew George is backing a project to keep tax breaks for business who produce biodiesel.
Producers transforming cooking oil into biodiesel currently take advantage of a 20p differential however that is due to end next April.
The St Ives MP, who leads the Lib Dem Environment Team, has been meeting the UK sustainable biodiesel alliance.
Mr George said "a number of small companies in Cornwall currently generate income from used cooking oil".
He added: "In order to have the ability to get this type of market going it does require simply a little bit of lift which comes in the kind of tax inescapable."
Biodiesel is a mix of conventional diesel, rapeseed and veggie oils.
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