MP backs biodiesel tax break project
29 June 2011
Liberal Democrat MP Andrew George is backing a campaign to keep tax breaks for business who produce biodiesel.
Producers converting cooking oil into biodiesel presently 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 actually been with the UK sustainable biodiesel alliance.
Mr George stated "a variety of small companies in Cornwall currently make cash from utilized cooking oil".
He included: "In order to have the ability to get this type of industry going it does need simply a bit of lift which can be found in the kind of tax inevitable."
Biodiesel is a mix of standard diesel, rapeseed and veggie oils.
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MP Backs Biodiesel Tax Break Campaign
Vivien Jasso edited this page 2025-01-18 01:11:40 +08:00