MP backs biodiesel tax break project
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 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 been consulting with the UK sustainable biodiesel alliance.
Mr George said "a variety of small companies in Cornwall presently generate income from utilized cooking oil".
He included: "In order to be able to get this sort of market going it does need just a little bit of lift which comes in the kind of tax inescapable."
Biodiesel is a mix of conventional diesel, rapeseed and veggie oils.
Fuel from pasties to power cars and trucks
13 May 2011
Old chip fat powers Place ferry
15 June 2010
St Ives Liberal Democrats
