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 converting cooking oil into biodiesel presently gain from a 20p however that is because of end next April.

The St Ives MP, who leads the Lib Dem Environment Team, has actually been fulfilling with the UK sustainable biodiesel alliance.

Mr George said "a variety of small companies in Cornwall presently make money from utilized cooking oil".

He included: "In order to have the ability to get this type of industry going it does need just a little bit of lift which comes in the type of tax foregone."

Biodiesel is a mix of conventional diesel, rapeseed and veggie oils.

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