MP backs biodiesel tax break project
29 June 2011
Liberal Democrat MP Andrew George is backing a campaign to keep tax breaks for companies who .
Producers converting 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 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 kind of market going it does need just a bit of lift which is available in the form of tax foregone."
Biodiesel is a blend of standard diesel, rapeseed and vegetable oils.
Fuel from pasties to power cars and trucks
13 May 2011
Old chip fat powers Place ferry
15 June 2010
St Ives Liberal Democrats
1
MP Backs Biodiesel Tax Break Campaign
Grace Sulman edited this page 2025-01-12 11:45:15 +00:00