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Tax reduction for biodiesel to expire in April

The tax benefit for bio-diesel, currently 20 pence/litre is set to end on 1 April after being overlooked in the budget.

Tracey O’Keefe, director of the UK Sustainable Biodiesel Alliance, said: “The Treasury has continued to be unwilling to engage, despite evidence to demonstrate the valuable contribution the differential has made to the government’s renewable energy targets and to the growth of the low-carbon economy.”