MP backs break campaign

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 biodiesel 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 meeting the UK sustainable biodiesel alliance.

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

He added: "In order to have the ability to get this type of market going it does require just a little bit of lift which is available in the kind of tax inescapable."

Biodiesel is a blend of standard diesel, rapeseed and veggie oils.

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