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 presently benefit from a 20p differential however that is because of end next April.
The St Ives MP, who leads the Lib Dem Team, has actually been consulting with the UK sustainable biodiesel alliance.
Mr George stated "a variety of small companies in Cornwall currently generate income from utilized cooking oil".
He added: "In order to be able to get this sort of market going it does need just a bit of lift which comes in the form of tax inescapable."
Biodiesel is a blend of standard diesel, rapeseed and vegetable oils.
Fuel from pasties to power automobiles
13 May 2011
Old chip fat powers Place ferry
15 June 2010
St Ives Liberal Democrats
1
MP Backs Biodiesel Tax Break Campaign
Waldo Mayne edited this page 5 days ago