1 MP Backs Biodiesel Tax Break Campaign
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MP backs biodiesel tax break campaign

29 June 2011

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

Producers transforming cooking oil into gain from a 20p differential but that is due to 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 little businesses in Cornwall currently generate income from utilized cooking oil".

He included: "In order to be able to get this type of market going it does require simply a bit of lift which comes in the kind of tax foregone."

Biodiesel is a blend of traditional diesel, rapeseed and vegetable oils.

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