MP Backs Biodiesel Tax Break Campaign
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MP backs break project

29 June 2011

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

Producers transforming cooking oil into biodiesel presently benefit from a 20p differential but that is because of end next April.

The St Ives MP, who leads the Lib Dem Environment Team, has actually been consulting with the UK sustainable biodiesel alliance.

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

He included: "In order to be able to get this sort of market going it does require simply a little bit of lift which can be found in the type of tax foregone."

Biodiesel is a mix of conventional diesel, rapeseed and veggie oils.

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