MP backs biodiesel tax break campaign

29 June 2011

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

cooking oil into biodiesel currently benefit 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 fulfilling with the UK sustainable biodiesel alliance.

Mr George said "a variety of small organizations in Cornwall presently generate income from utilized cooking oil".

He added: "In order to have the ability to get this type of industry going it does require just a little bit of lift which can be found in the kind of tax inevitable."

Biodiesel is a blend of conventional diesel, rapeseed and vegetable oils.

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