MP backs 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 benefit from a 20p differential but that is due to 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 variety of small companies in Cornwall presently generate income from used cooking oil".

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

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

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