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 companies who produce biodiesel.

Producers transforming cooking oil into biodiesel currently 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 consulting with the UK sustainable biodiesel alliance.

Mr George said "a variety of small companies in Cornwall presently earn money from utilized cooking oil".

He added: "In order to have the ability to get this kind of market going it does need just a bit of lift which comes in the form of tax inescapable."

is a mix of traditional diesel, rapeseed and veggie oils.

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