Mission Biotechnologies Sdn. Bhd

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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 converting cooking oil into biodiesel currently benefit from a 20p but that is because of 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 stated “a variety of little businesses in Cornwall presently generate income from used cooking oil”.

He added: “In order to be able to get this sort of market going it does require just a little bit of lift which comes in the kind of tax inescapable.”

Biodiesel is a blend of traditional diesel, rapeseed and veggie oils.

Fuel from pasties to power automobiles

13 May 2011

Old chip fat powers Place ferryboat

15 June 2010

St Ives Liberal Democrats

 
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