MP backs biodiesel tax break campaign

29 June 2011

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

Producers converting cooking oil into biodiesel presently benefit from a 20p however that is because of end next April.

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

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

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

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

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