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 project to keep tax breaks for companies who produce biodiesel.

Producers transforming cooking oil into biodiesel currently take advantage of a 20p differential 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 currently generate income from used cooking oil".

He added: "In order to be able to get this kind of market going it does need simply a bit of lift which is available in the type of tax inevitable."

is a blend of standard diesel, rapeseed and vegetable oils.

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