MP backs break campaign
29 June 2011
Liberal Democrat MP Andrew George is backing a project to keep tax breaks for companies who produce biodiesel.
Producers transforming 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 satisfying with the UK sustainable biodiesel alliance.
Mr George said "a number of little businesses in Cornwall currently make money from used cooking oil".
He added: "In order to be able to get this kind of industry going it does require just a bit of lift which can be found in the form of tax inescapable."
Biodiesel is a mix of traditional diesel, rapeseed and vegetable oils.
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MP Backs Biodiesel Tax Break Campaign
tobydutcher555 edited this page 2025-01-12 03:32:44 +08:00