Page: MP Backs Biodiesel Tax Break Campaign

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1 MP Backs Biodiesel Tax Break Campaign

Jacquie Toutcher edited this page 2 months ago

MP backs biodiesel tax break campaign

29 June 2011

Liberal Democrat MP Andrew George is backing a campaign to keep tax breaks for business who .

Producers converting cooking oil into biodiesel presently take advantage of a 20p differential but that is due to 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 variety of small companies in Cornwall currently make cash from used cooking oil".

He included: "In order to have the ability to get this type of market going it does need just a bit of lift which can be found in the type of tax inescapable."

Biodiesel is a mix of traditional diesel, rapeseed and vegetable oils.

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