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  • mission-biofuels-sdn.-bhd
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  • #11

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Opened Jan 14, 2025 by Suzette Peace@bdnsuzette121
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MP Backs Biodiesel Tax Break Campaign


MP backs biodiesel tax break project

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 been consulting with the UK sustainable biodiesel alliance.

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

He added: "In order to have the ability to get this kind of industry going it does require simply a bit of lift which is available in the kind of tax foregone."

Biodiesel is a mix of standard diesel, and vegetable oils.

Fuel from pasties to power cars

13 May 2011

Old chip fat powers Place ferry

15 June 2010

St Ives Liberal Democrats

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Reference: bdnsuzette121/mission-biofuels-sdn.-bhd#11