MP backs biodiesel tax break project
29 June 2011
Liberal Democrat MP Andrew George is backing a campaign to keep tax breaks for who produce biodiesel.
Producers converting cooking oil into biodiesel presently take advantage of a 20p differential however that is because of end next April.
The St Ives MP, who leads the Lib Dem Environment Team, has actually been satisfying with the UK sustainable biodiesel alliance.
Mr George stated "a variety of small companies in Cornwall currently make money from utilized cooking oil".
He included: "In order to have the ability to get this kind of market going it does require just a bit of lift which comes in the form of tax inescapable."
Biodiesel is a blend of traditional diesel, rapeseed and veggie oils.
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MP Backs Biodiesel Tax Break Campaign
Edmundo Borowski edited this page 2025-01-13 02:41:17 +00:00