Oleovest Pl

Overview

  • Founded Date October 4, 1969
  • Sectors Mining
  • Posted Jobs 0

Company Description

MP Backs Biodiesel Tax Break Campaign

MP backs biodiesel tax break campaign

29 June 2011

Liberal Democrat MP Andrew George is backing a project to keep tax breaks for business who produce biodiesel.

Producers oil into biodiesel presently 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 actually been meeting the UK sustainable biodiesel alliance.

Mr George stated “a variety of small services in Cornwall currently generate income from used cooking oil”.

He added: “In order to have the ability to get this sort of market going it does require simply a little bit of lift which is available in the form of tax foregone.”

Biodiesel is a mix of conventional diesel, rapeseed and veggie oils.

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13 May 2011

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15 June 2010

St Ives Liberal Democrats