Car loans customers could save on fuelMotorists in the UK are saving money by cultivating their own biodiesel thanks to recent changes in legislation.
Motorists in the UK are saving money by cultivating their own biodiesel thanks to recent changes in legislation.
According to the BBC recent price rises in the oil market, which have pushed prices for diesel above £1 per litre, are causing a number of people to consider the benefits of making their own fuel from unwanted cooking oil.
It is reported that some people are making use of disused oil from local restaurants and takeaways, which would otherwise go to landfill, to make useable fuel for their cars.
Recent changes in the law have now made it legal to cultivate as much as 2,500 litres of biodiesel, enough for car finance customers running an average-sized family car, without paying tax..
One man has even saved money on the price of a oil conversion kit, which can cost car owners anything from £700 upwards, by making his own from scrap.
Dan Purkis, a consultant engineer from Aberdeen, told the BBC: "If you can follow a recipe, you can make biodiesel," adding "there's lots of information out there on websites and forums and in books."
Earlier this week Sir Richard Branson told a Mortgage Bankers Association meeting in Boston that it was "extremely important" to investigate biofuels and look at technologies that reduce carbon emissions.
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