1 MP Backs Biodiesel Tax Break Campaign
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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 transforming cooking oil into biodiesel presently take advantage of 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 number of small businesses in Cornwall presently generate income from used cooking oil".

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

Biodiesel is a blend of conventional diesel, rapeseed and .

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