MP backs break project
29 June 2011
Liberal Democrat MP Andrew George is backing a project to keep tax breaks for business who produce biodiesel.
Producers transforming cooking oil into biodiesel currently benefit from a 20p differential but that is due to 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 stated "a number of little organizations in Cornwall currently make money from used cooking oil".
He included: "In order to be able to get this sort of industry going it does require simply a bit of lift which can be found in the form of tax inevitable."
Biodiesel is a blend of conventional diesel, rapeseed and veggie oils.
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Val Wemyss edited this page 2025-01-14 19:33:10 +08:00