MP backs 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 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 consulting with the UK sustainable biodiesel alliance.

Mr George stated "a variety of little companies in Cornwall currently earn money from utilized cooking oil".

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

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

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