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 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 been with the UK sustainable biodiesel alliance.

Mr George stated "a number of small companies in Cornwall presently generate income from used cooking oil".

He added: "In order to be able to get this kind of industry going it does require just a bit of lift which is available in the form of tax inevitable."

Biodiesel is a mix of traditional diesel, rapeseed and vegetable oils.

Fuel from pasties to power automobiles

13 May 2011

Old chip fat powers Place ferry

15 June 2010

St Ives Liberal Democrats