MP backs biodiesel tax break campaign

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 benefit from a 20p differential but that is due to end next April.

The St Ives MP, who leads the Lib Dem Environment Team, has been meeting with the UK sustainable biodiesel alliance.

Mr George said "a number of small businesses in Cornwall currently make money from used cooking oil".

He added: "In order to be able to get this kind of industry going it does require just a little bit of lift which comes in the form of tax foregone."

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

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