MP backs biodiesel tax break project
29 June 2011
Liberal Democrat MP Andrew George is backing a project to keep tax breaks for business who produce biodiesel.
Producers transforming into biodiesel presently take advantage of a 20p differential however that is because of end next April.
The St Ives MP, who leads the Lib Dem Environment Team, has been meeting the UK sustainable biodiesel alliance.
Mr George stated "a number of little services in Cornwall currently generate income from utilized cooking oil".
He added: "In order to have the ability to get this kind of industry going it does require simply a little bit of lift which is available in the form of tax inescapable."
Biodiesel is a mix of conventional diesel, rapeseed and veggie oils.
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MP Backs Biodiesel Tax Break Campaign
frederickaluis edited this page 2025-01-12 11:18:28 +08:00