MP backs biodiesel tax break campaign

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 presently gain from 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 with the UK sustainable biodiesel alliance.

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

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

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

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