MP backs biodiesel tax break campaign

29 June 2011

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

Producers converting cooking oil into biodiesel currently take advantage of 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 said "a variety of small services in Cornwall presently generate income from utilized cooking oil".

He added: "In order to have the ability to get this sort of market going it does require just a bit of lift which can be found in the type of tax inevitable."

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

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