MP backs break project

29 June 2011

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

Producers transforming cooking oil into biodiesel currently benefit 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 meeting the UK sustainable biodiesel alliance.

Mr George said "a number of little services in Cornwall presently generate income from utilized 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 comes in the form of tax inescapable."

Biodiesel is a mix of conventional diesel, rapeseed and vegetable oils.

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