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 transforming cooking oil into biodiesel presently benefit from a 20p differential however that is due to 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 companies in Cornwall currently generate income from used cooking oil".

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

is a blend of traditional diesel, rapeseed and veggie oils.

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