MP Backs Biodiesel Tax Break Campaign
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MP backs biodiesel tax break project

29 June 2011

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

Producers converting 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 consulting with the UK sustainable biodiesel alliance.

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

He included: "In order to have the ability to get this kind of market going it does need just a little bit of lift which can be found in the form of tax inevitable."

Biodiesel is a mix of traditional diesel, rapeseed and vegetable oils.

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