MP backs biodiesel tax break campaign

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 take of 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 consulting with the UK sustainable biodiesel alliance.

Mr George stated "a variety of little services in Cornwall currently earn money from used cooking oil".

He included: "In order to have the ability to get this type of industry going it does need simply a little bit of lift which can be found in the type of tax inescapable."

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

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