1 MP Backs Biodiesel Tax Break Campaign
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MP backs biodiesel tax 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 currently benefit from 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 satisfying with the UK sustainable biodiesel alliance.

Mr George stated "a number of small companies in Cornwall currently make cash from used cooking oil".

He added: "In order to be able to get this type of industry going it does require simply a little bit of lift which comes in the type of tax foregone."

is a blend of traditional diesel, rapeseed and vegetable oils.

Fuel from pasties to power cars and trucks

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