MP backs biodiesel tax break project

29 June 2011

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

Producers transforming cooking oil into biodiesel currently benefit 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 .

Mr George stated "a variety of small organizations in Cornwall currently make money from used cooking oil".

He included: "In order to have the ability to get this kind of market going it does need simply a bit of lift which comes in the form of tax inevitable."

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

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