MP backs biodiesel tax break campaign

29 June 2011

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

Producers converting cooking oil into gain from a 20p differential but that is because of end next April.

The St Ives MP, who leads the Lib Dem Environment Team, has been meeting the UK sustainable biodiesel alliance.

Mr George stated "a number of small companies in Cornwall presently earn money from used cooking oil".

He included: "In order to have the ability to get this sort of market going it does require just a bit of lift which is available in the form of tax inevitable."

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

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