MP backs biodiesel tax break project

29 June 2011

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

Producers transforming cooking oil into biodiesel presently take advantage of a 20p differential but that is due to end next April.

The St Ives MP, who leads the Lib Dem Environment Team, has actually been meeting the UK sustainable .

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

He included: "In order to be able to get this type of industry going it does require just a little bit of lift which is available in the type of tax inevitable."

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

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