MP backs biodiesel tax break project

29 June 2011

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

Producers transforming cooking oil into biodiesel currently take of 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 satisfying with the UK sustainable biodiesel alliance.

Mr George stated "a variety of little organizations in Cornwall currently earn money from used cooking oil".

He added: "In order to have the ability to get this type of industry going it does require just a bit of lift which is available in the kind of tax inescapable."

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

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