MP backs break campaign

29 June 2011

Liberal Democrat MP Andrew George is backing a campaign to keep tax breaks for business who produce biodiesel.

Producers transforming cooking oil into biodiesel currently gain from a 20p differential however that is due to end next April.

The St Ives MP, who leads the Lib Dem Environment Team, has actually been meeting the UK sustainable biodiesel alliance.

Mr George stated "a number of small companies in Cornwall presently make cash from utilized cooking oil".

He included: "In order to have the ability to get this type of industry going it does need simply a bit of lift which is available in the kind of tax inevitable."

Biodiesel is a blend of conventional diesel, rapeseed and vegetable oils.

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