Carbon tax and VRT hikes for some motorists 'disappointing', say industry groups

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A €7.50 increase on the current rate of Carbon Tax applied per tonne of carbon emitted will raise the price of a litre of diesel and petrol by 2.5c and 2.1c respectively.

Image: Eamonn Farrell Image: Eamonn Farrell BUDGET 2022 IS a mixed bag for motorists, who have already noticed sharp increases in the price of fuel in the past year, industry representatives have said.

Petrol prices have risen this year largely due to international factors, including a rebound in global demand for oil and diplomatic disputes among members of the Organization of Petroleum Exporting Countries over pandemic-linked production cuts. There are currently 20 VRT bands, which are based on the vehicle’s level of carbon dioxide and nitrous oxide emissions. Drivers of cleaner cars like electric vehicles and hybrids pay a lower rate of VRT than those who drive less environmentally friendly vehicles.

Related Reads 12.10.21 Budget 2022: Here are the main points you need to know 12.10.21 Discounted public transport fares for 19 to 23 year olds announced as part of Budget 12.10.21 How are the State's finances looking ahead of Budget 2022 today?The Minister also announced an extension of the €5,000 relief for electric vehicles to the end of 2023.

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The biggest chancers are the petrol stations, they purposely for no reasons continued increasing prices for the last 2 weeks knowing full well that the motorist was facing this extra tax...shame on them all!!!

Disgrace

Well played FF/FG/GP Cartel I can almost here the barrels of Agri Diesel been rolled out again 👍

With energy and fuel prices increasing how do we, who have no access to trains or buses, get to work? Maybe the Greens would rather have us on donkeys and carts!

Sure petrol & diesel are going up anyway without anyone nowing a cent here a cent there so this shit doesn't surprise me

That will be 3 cent so!

The green party have no other policy other than taxes

Of course it will, without any affordable alternative. Just filling the coffers as always so they can send more taxpayers money to Denis O'Brien and any vulture fund looking for a quick buck

I still see people sitting in the car with the engine idle. It seems it is still too cheap.

How much tax in total now on a litre? More than half?

Get this government out

What a scam

Why do we put up with this year after year? 'Dearest country in EU to buy or maintain car becomes even dearer'

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