MP backs biodiesel tax break project
29 June 2011
Liberal Democrat MP Andrew George is backing a project to keep tax breaks for companies who produce biodiesel.
cooking oil into biodiesel currently benefit from a 20p differential however that is due to end next April.
The St Ives MP, who leads the Lib Dem Environment Team, has actually been satisfying with the UK sustainable biodiesel alliance.
Mr George said "a number of small companies in Cornwall currently make cash from utilized cooking oil".
He included: "In order to be able to get this kind of market going it does need just a little bit of lift which comes in the type of tax inescapable."
Biodiesel is a mix of traditional diesel, rapeseed and veggie oils.
Fuel from pasties to power automobiles
13 May 2011
Old chip fat powers Place ferryboat
15 June 2010
St Ives Liberal Democrats
1
MP Backs Biodiesel Tax Break Campaign
Caroline Goldschmidt edited this page 2025-01-11 18:06:12 +00:00