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 converting cooking oil into biodiesel currently benefit 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 stated "a number of small services in Cornwall presently make money from utilized cooking oil".

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

Biodiesel is a blend of standard diesel, rapeseed and .

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