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 currently take advantage of 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 said "a variety of small services in Cornwall presently make money from used cooking oil".

He added: "In order to have the ability to get this kind of market going it does require just a little bit of lift which is available in the kind of tax inevitable."

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

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