MP backs biodiesel tax break project
29 June 2011
MP Andrew George is backing a campaign to keep tax breaks for companies who produce biodiesel.
Producers converting cooking oil into biodiesel currently benefit from a 20p differential but that is due to 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 small companies in Cornwall currently make cash from used cooking oil".
He included: "In order to have the ability to get this kind of industry going it does need simply a bit of lift which can be found in the kind of tax foregone."
Biodiesel is a blend of conventional diesel, rapeseed and vegetable oils.
Fuel from pasties to power cars
13 May 2011
Old chip fat powers Place ferryboat
15 June 2010
St Ives Liberal Democrats
1
MP Backs Biodiesel Tax Break Campaign
mercedeslarose edited this page 2 weeks ago