PARLIAMENTARY EARLY DAY MOTION
TAX INCENTIVES FOR BIO-DIESEL (24 November 2005)
Motion Details
That this House welcomes the announcement from the Department of Transport requiring five per cent. of all UK fuel sold on UK forecourts to come from a renewable source by 2010; notes that the Government currently supports bio-fuels through a 20 pence per litre duty incentive, which has stimulated sales of around 10 million litres a month, about 0.25 per cent. of all road fuel sales; and calls on the Treasury to reconsider the recent decision by HM Revenue and Customs to withdraw tax concessions from bio-diesel made from waste cooking oil, as this process is equally valid as other forms of producing bio-diesel, and the removal of these tax concessions is threatening the viability of small firms who have done excellent pioneering work in this field.
Sponsored by:
Dame Nia Griffith (Labour)
EDMS Sponsor By Party
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