MP backs 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 take advantage of a 20p differential however 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 biodiesel alliance.
Mr George stated "a number of small companies in Cornwall presently earn money from utilized cooking oil".
He added: "In order to be able to get this kind of market going it does need just a little bit of lift which comes in the form of tax inevitable."
Biodiesel is a mix of traditional diesel, rapeseed and veggie oils.
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