MP backs biodiesel tax 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 benefit from a 20p but that is due to end next April.
The St Ives MP, who leads the Lib Dem Environment Team, has been fulfilling with the UK sustainable biodiesel alliance.
Mr George stated "a variety of little businesses in Cornwall presently make cash from used cooking oil".
He included: "In order to have the ability to get this kind of market going it does require simply a bit of lift which is available in the type of tax inescapable."
Biodiesel is a mix of conventional diesel, rapeseed and vegetable oils.
Fuel from pasties to power cars and trucks
13 May 2011
Old chip fat powers Place ferryboat
15 June 2010
St Ives Liberal Democrats
1
MP Backs Biodiesel Tax Break Campaign
lelandwhitaker edited this page 2025-01-17 22:13:27 +00:00