1 MP Backs Biodiesel Tax Break Campaign
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MP backs biodiesel tax 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 into biodiesel 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 meeting the UK sustainable biodiesel alliance.

Mr George said "a variety of small businesses in Cornwall currently earn money from utilized cooking oil".

He added: "In order to be able to get this sort of market going it does require simply a bit of lift which can be found in the type of tax inevitable."

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

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