MP backs biodiesel tax break campaign
29 June 2011
Liberal Democrat MP Andrew George is backing a campaign to keep tax breaks for companies who produce biodiesel.
Producers converting cooking oil into biodiesel currently gain 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 meeting the UK sustainable biodiesel alliance.
Mr George said "a variety of little services in Cornwall presently generate income from used cooking oil".
He added: "In order to have the ability to get this sort of industry going it does require just a little bit of lift which is available in the type of tax inescapable."
Biodiesel is a mix of traditional diesel, rapeseed and veggie oils.
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