MP backs biodiesel tax break campaign

29 June 2011

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

Producers transforming cooking oil into biodiesel presently benefit from a 20p however that is due to end next April.

The St Ives MP, who leads the Lib Dem Environment Team, has actually been meeting the UK sustainable biodiesel alliance.

Mr George stated "a variety of small companies in Cornwall presently earn money from used cooking oil".

He included: "In order to be able to get this type of market going it does need simply a little bit of lift which comes in the form of tax inescapable."

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

Fuel from pasties to power vehicles

13 May 2011

Old chip fat powers Place ferryboat

15 June 2010

St Ives Liberal Democrats