New green loan scheme for farmers

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North Cornwall MP Dan Rogerson is urging farmers in the Duchy to make the most of new funding to help them turn their waste into energy.

The Government has announced that local farmers will be able to obtain funding to set up small anaerobic digestion plants under a public-funded loan scheme which opens today.

The technology turns waste into energy, reduces greenhouse gas emissions and produces a renewable source of bio-fertiliser.

The £3million initiative was announced by the Department of Environment, Food & Rural Affairs and will allow farmers to apply for up to £400k from the ‘AD Loan Fund’ to help them finance on-site technology.

In addition, they can use the bio-fertiliser produced by the anaerobic digestion process to replace some of the artificial fertilisers they would otherwise have to buy.

Rogerson said: “Dealing with waste and recycling properly is good for the environment and can sustain jobs in the rural economy here in Cornwall.

“The use of this form of technology on farms is an essential part of the Coalition Government’s plans to invest in infrastructures to help businesses grow and boost the rural economy. It will also help cut waste, reduce greenhouse gas emissions and recycle valuable nutrients back to the land.”

To find out more about the scheme, click here.