MP backs biodiesel tax break campaign

29 June 2011

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

Producers transforming cooking oil into biodiesel presently 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 actually been consulting with the UK sustainable biodiesel alliance.

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

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

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

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