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MP Backs Biodiesel Tax Break Campaign

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 currently benefit from 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 consulting with the UK sustainable biodiesel alliance.

Mr George stated “a number of small services in Cornwall presently generate income from used cooking oil”.

He added: “In order to have the ability to get this sort of market going it does require just a little bit of lift which is available in the form of tax inescapable.”

is a blend of conventional diesel, rapeseed and veggie oils.

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