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 transforming cooking oil into biodiesel presently gain from a 20p however that is because of end next April.
The St Ives MP, who leads the Lib Dem Environment Team, has been satisfying with the UK sustainable biodiesel alliance.
Mr George stated "a number of small services in Cornwall presently earn money from utilized cooking oil".
He included: "In order to have the ability to get this type of market going it does require simply a bit of lift which is available in the type of tax foregone."
Biodiesel is a blend of traditional diesel, rapeseed and veggie oils.
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MP Backs Biodiesel Tax Break Campaign
wilfredunger95 edited this page 2025-01-11 21:13:42 +03:00