MP backs biodiesel tax break project

29 June 2011

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

Producers transforming cooking oil into biodiesel currently gain 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 satisfying with the biodiesel alliance.

Mr George said "a variety of small companies in Cornwall presently make money from used cooking oil".

He included: "In order to be able to get this sort of industry going it does require just a little bit of lift which comes in the kind of tax inescapable."

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