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 converting cooking oil into biodiesel currently 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 services in Cornwall presently earn money from used cooking oil".

He included: "In order to have the ability to get this type of industry going it does need simply a bit of lift which comes in the type of tax inevitable."

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

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