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 transforming cooking oil into biodiesel currently gain from a 20p 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 number of small organizations in Cornwall presently make cash from utilized cooking oil".
He added: "In order to be able to get this type of industry going it does require just a bit of lift which is available in the form of tax inevitable."
Biodiesel is a mix of conventional diesel, rapeseed and veggie oils.
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MP Backs Biodiesel Tax Break Campaign
michealwills7 edited this page 2025-01-11 07:47:49 +00:00