MP backs biodiesel tax break project

29 June 2011

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

Producers converting cooking oil into currently gain from a 20p differential however that is because of 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 said "a number of small organizations in Cornwall presently earn money from utilized cooking oil".

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

Biodiesel is a mix of traditional diesel, rapeseed and veggie oils.

Fuel from pasties to power cars

13 May 2011

Old chip fat powers Place ferry

15 June 2010

St Ives Liberal Democrats