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Analysis: Is carbon tax behind rising fuel prices? | Business Post

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Analysis: Is carbon tax behind rising fuel prices? obraonain reports.

Taxes account for 50 per cent of the price of a litre of diesel and 55 per cent of the price of a litre of petrol

Taoiseach Micheál Martin has been at the centre of a Dáil row about whether the rising carbon tax is behind the rapid rise in fuel prices. The carbon tax has been increased by €7.50 per tonne in the past three budgets as part of the government’s plan of getting it to €100 per tonne by 2030.Subscribe from just €1 for the first month!

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