MP backs biodiesel tax break campaign

29 June 2011

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

Producers transforming cooking oil into biodiesel presently benefit 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 fulfilling with the UK sustainable biodiesel alliance.

Mr George said "a number of small companies in Cornwall presently earn money from utilized cooking oil".

He included: "In order to be able to get this type of market going it does need just a bit of lift which can be found in the type of tax foregone."

Biodiesel is a mix of standard 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