MP backs biodiesel tax break campaign

29 June 2011

MP Andrew George is backing a project to keep tax breaks for business who produce biodiesel.

Producers transforming cooking oil into biodiesel currently gain from a 20p differential however that is because of end next April.

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

Mr George stated "a number of small businesses in Cornwall currently generate income from used cooking oil".

He included: "In order to have the ability to get this sort of market going it does require simply a bit of lift which can be found in the type of tax foregone."

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

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