MP backs biodiesel tax break project

29 June 2011

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

converting cooking oil into biodiesel currently 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 fulfilling with the UK sustainable biodiesel alliance.

Mr George said "a number of little organizations in Cornwall presently generate income from utilized cooking oil".

He included: "In order to be able to get this sort of market going it does require just a little bit of lift which is available in the form of tax inescapable."

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

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