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 transforming cooking oil into biodiesel currently gain 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 fulfilling with the UK sustainable biodiesel alliance.

Mr George stated "a variety of small businesses in Cornwall currently generate income from utilized cooking oil".

He added: "In order to be able to get this type of industry going it does need simply a bit of lift which can be found in the type of tax inevitable."

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

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