MP backs break project
29 June 2011
Liberal Democrat MP Andrew George is backing a campaign to keep tax breaks for companies who produce biodiesel.
Producers transforming 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 meeting the UK sustainable biodiesel alliance.
Mr George said "a variety of small companies in Cornwall presently make money from utilized cooking oil".
He included: "In order to be able to get this sort of industry going it does need just a little bit of lift which can be found in the type of tax foregone."
Biodiesel is a blend of standard diesel, rapeseed and vegetable oils.
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MP Backs Biodiesel Tax Break Campaign
Bettie Gatlin edited this page 2025-01-18 03:43:55 -08:00