MP backs biodiesel tax break project

29 June 2011

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

Producers transforming cooking oil into biodiesel presently benefit from 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 stated "a variety of small organizations in Cornwall currently generate income from used cooking oil".

He added: "In order to have the ability to get this type of industry going it does require simply a bit of lift which is available in the form of tax inescapable."

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

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