MP backs biodiesel tax break campaign
29 June 2011
Liberal Democrat MP Andrew George is backing a project to keep for companies who produce biodiesel.
Producers converting 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 been consulting with the UK sustainable biodiesel alliance.
Mr George said "a number 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 industry going it does need simply a bit of lift which can be found in the kind of tax foregone."
Biodiesel is a mix of standard diesel, rapeseed and vegetable oils.
Fuel from pasties to power automobiles
13 May 2011
Old chip fat powers Place ferry
15 June 2010
St Ives Liberal Democrats
1
MP Backs Biodiesel Tax Break Campaign
Julian Cisneros edited this page 2025-01-12 05:54:35 +08:00