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MP Backs Biodiesel Tax Break Campaign

MP backs biodiesel tax break campaign

29 June 2011

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

Producers transforming cooking oil into biodiesel currently benefit 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 little organizations in Cornwall presently make cash from utilized cooking oil”.

He added: “In order to have the ability to get this type of market going it does need simply a bit of lift which is available in the kind of tax inescapable.”

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

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