Monday, August 31, 2015

[biofuelwatch] Tax probe into "green energy" scheme with celebrity backers





Tax probe into "green energy" scheme with celebrity backers


The taxman is investigating a controversial green energy scheme that attracted backing from a host of celebrity investors.

TV adventurer Bear Grylls, football manager Rafael Benitez and snooker legend Stephen Hendry are among the famous names who invested in the project on the expectation of lucrative returns and tax breaks.

The original idea – given planning consent five years ago – was to build a £200million biofuel refinery in Grimsby that would provide local jobs and boost the economy. But the refinery proposal has since been shelved, and a 'technical centre' promised instead on the site is yet to open.





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Posted by: Jim Roland <quailrecords@hotmail.com>



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Biofuels are a wide range of fuels which are in some way derived from biomass.

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