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 converting cooking oil into biodiesel presently take advantage of 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 meeting the UK sustainable biodiesel .
Mr George said "a number of small companies in Cornwall currently earn money from used cooking oil".
He added: "In order to have the ability to get this kind of industry going it does need simply a little bit of lift which can be found in the kind of tax foregone."
Biodiesel is a blend of conventional diesel, rapeseed and vegetable oils.
Fuel from pasties to power automobiles
13 May 2011
Old chip fat powers Place ferryboat
15 June 2010
St Ives Liberal Democrats
1
MP Backs Biodiesel Tax Break Campaign
darcicannon757 edited this page 2025-01-12 13:03:38 +08:00