MP backs biodiesel tax break campaign

29 June 2011

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

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

Mr George said "a number of small services in Cornwall presently earn money from used cooking oil".

He added: "In order to have the ability to get this type of industry going it does need simply a little bit of lift which is available in the type of tax inevitable."

Biodiesel is a blend of standard diesel, rapeseed and veggie oils.

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