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 take advantage of a 20p differential but 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 stated "a number of small companies in Cornwall currently make money from utilized cooking oil".
He included: "In order to have the ability to get this sort of industry going it does require simply a bit of lift which comes in the kind of tax foregone."
Biodiesel is a mix of standard diesel, rapeseed and vegetable oils.
Fuel from pasties to power vehicles
13 May 2011
Old chip fat powers Place ferry
15 June 2010
St Ives Liberal Democrats
1
MP Backs Biodiesel Tax Break Campaign
dillonstrom162 edited this page 2025-01-12 12:42:04 +01:00