MP backs biodiesel tax break project
29 June 2011
Liberal Democrat MP is backing a project to keep tax breaks for companies who produce biodiesel.
Producers transforming cooking oil into biodiesel currently gain from 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 number of small companies in Cornwall presently earn money from utilized cooking oil".
He added: "In order to be able to get this sort of industry going it does need simply a little bit of lift which comes in the form of tax foregone."
Biodiesel is a blend of traditional diesel, rapeseed and vegetable oils.
Fuel from pasties to power vehicles
13 May 2011
Old chip fat powers Place ferryboat
15 June 2010
St Ives Liberal Democrats
1
MP Backs Biodiesel Tax Break Campaign
Nate Grooms edited this page 3 months ago