
M2 Capital Sdn. Bhd
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Дата на основаване декември 16, 1973
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Сектори Селско и горско стопанство
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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 transforming cooking oil into biodiesel presently take advantage of a 20p differential but 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 variety of little companies in Cornwall currently earn money from utilized cooking oil“.
He included: „In order to be able to get this sort of market going it does require just a bit of lift which comes in the kind of tax foregone.“
Biodiesel is a mix of conventional diesel, rapeseed and vegetable oils.
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St Ives Liberal Democrats