MP backs biodiesel tax break campaign
29 June 2011
Liberal Democrat MP Andrew George is backing a project to keep tax breaks for business who produce biodiesel.
Producers converting cooking oil into biodiesel presently gain from a 20p differential but that is because of end next April.
The St Ives MP, who leads the Lib Dem Environment Team, has been consulting with the UK sustainable biodiesel alliance.
Mr George said "a variety of little services in Cornwall currently make cash from utilized cooking oil".
He included: "In order to have the ability to get this type of market going it does need simply a bit of lift which can be found in the kind of tax inescapable."
Biodiesel is a mix of traditional diesel, rapeseed and vegetable oils.
Fuel from pasties to power cars
13 May 2011
Old chip fat powers Place ferryboat
15 June 2010
St Democrats
1
MP Backs Biodiesel Tax Break Campaign
kathiesee81586 edited this page 2025-01-18 03:57:28 +00:00