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MP Backs Biodiesel Tax Break Campaign
Art Hansell edited this page 2025-01-11 22:00:12 +08:00


MP backs biodiesel tax break project

29 June 2011

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

Producers converting cooking oil into biodiesel currently 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 meeting the UK sustainable biodiesel alliance.

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

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

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

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