MP backs biodiesel tax break project
29 June 2011
Liberal Democrat MP Andrew George is backing a project to keep for companies who produce biodiesel.
Producers converting cooking oil into biodiesel presently gain from a 20p differential but that is due to end next April.
The St Ives MP, who leads the Lib Dem Environment Team, has been meeting with the UK sustainable biodiesel alliance.
Mr George said "a number of small companies in Cornwall presently earn money from used cooking oil".
He included: "In order to be able to get this sort of market going it does require simply a bit of lift which is available in the kind of tax inescapable."
Biodiesel is a blend of traditional diesel, rapeseed and veggie oils.
Fuel from pasties to power cars and trucks
13 May 2011
Old chip fat powers Place ferryboat
15 June 2010
St Ives Liberal Democrats
1
MP Backs Biodiesel Tax Break Campaign
marcelladalrym edited this page 2 days ago