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 who produce biodiesel.

Producers converting cooking oil into biodiesel presently gain from a 20p differential however that is because of end next April.

The St Ives MP, who leads the Lib Dem Environment Team, has been meeting the UK sustainable biodiesel alliance.

Mr George stated "a number of small organizations in Cornwall presently earn money from used cooking oil".

He included: "In order to be able to get this sort of industry going it does need simply a little bit of lift which can be found in the form of tax inescapable."

Biodiesel is a blend of traditional diesel, rapeseed and vegetable oils.

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