MP backs biodiesel tax break campaign
29 June 2011
Liberal Democrat MP Andrew George is backing a project 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 Team, has actually been satisfying with the UK sustainable biodiesel alliance.
Mr George said "a number of small companies in Cornwall presently make cash from utilized cooking oil".
He included: "In order to have the ability to get this kind of market going it does need just a little bit of lift which can be found in the kind of tax foregone."
Biodiesel is a blend of conventional diesel, rapeseed and veggie oils.
Fuel from pasties to power automobiles
13 May 2011
Old chip fat powers Place ferryboat
15 June 2010
St Ives Liberal Democrats
1
MP Backs Biodiesel Tax Break Campaign
darrylzinnbaue edited this page 2025-01-18 10:14:11 +03:00