MP backs biodiesel tax break project

29 June 2011

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

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

Mr George stated "a variety of small organizations in Cornwall presently make money from utilized cooking oil".

He added: "In order to be able to get this type of market going it does need just a bit of lift which can be found in the form of tax inescapable."

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

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