MP Backs Biodiesel Tax Break Campaign
MP backs biodiesel tax break project
29 June 2011
Liberal Democrat MP Andrew George is backing a campaign to keep tax breaks for companies who produce biodiesel.
Producers converting cooking oil into biodiesel presently take advantage of a 20p differential but that is because of 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 said "a number of little businesses in Cornwall presently make money from used cooking oil".
He added: "In order to be able to get this kind of market going it does need simply a bit of lift which can be found in the form of tax foregone."
Biodiesel is a blend of standard diesel, rapeseed and .
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