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 produce biodiesel.

Producers converting cooking oil into biodiesel presently 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 consulting with the UK sustainable biodiesel alliance.

Mr George stated "a number of little organizations in Cornwall currently make cash from utilized cooking oil".

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

is a mix of standard diesel, rapeseed and veggie oils.

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