MP backs break project
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 but that is because of 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 small organizations in Cornwall currently make money from utilized cooking oil".
He included: "In order to have the ability to get this sort of industry going it does require just a little bit of lift which comes in the kind of tax inescapable."
Biodiesel is a blend of standard diesel, rapeseed and vegetable oils.
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MP Backs Biodiesel Tax Break Campaign
Lazaro Nguyen edited this page 2025-01-18 14:15:45 +08:00