MP backs biodiesel tax break campaign

29 June 2011

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

Producers converting cooking oil into biodiesel currently gain 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 satisfying with the UK sustainable biodiesel alliance.

Mr George stated "a variety of small companies in Cornwall currently make money from used cooking oil".

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

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

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