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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 transforming cooking oil into biodiesel currently 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 satisfying with the UK sustainable .
Mr George said "a variety of small businesses in Cornwall presently make money from used cooking oil".
He included: "In order to be able to get this kind of market going it does need simply a little bit of lift which comes in the type of tax inescapable."
Biodiesel is a blend of traditional diesel, rapeseed and veggie oils.
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