MP backs break project
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 biodiesel currently gain from a 20p differential but that is due to 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 said "a variety of small companies in Cornwall presently generate income from utilized cooking oil".
He added: "In order to have the ability to get this kind of market going it does need simply a little bit of lift which comes in the type of tax inevitable."
Biodiesel is a mix of traditional diesel, rapeseed and veggie oils.
Fuel from pasties to power cars and trucks
13 May 2011
Old chip fat powers Place ferryboat
15 June 2010
St Ives Liberal Democrats
1
MP Backs Biodiesel Tax Break Campaign
holleyteal7377 edited this page 2 weeks ago