HomeFarming News‘Green diesel currently in excess of 80c/L at pumps’
Catherina Cunnanehttps://www.thatsfarming.com/
Catherina Cunnane hails from a fifth-generation drystock and specialised pedigree suckler enterprise in Co. Mayo. She currently holds the positions of editor and general manager at That's Farming, having joined the company in 2015.
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‘Green diesel currently in excess of 80c/L at pumps’

Independent TD, Michael Fitzmaurice, has called on the government to row back on its carbon tax hike in Budget 2022.

He believes it should not raise carbon tax by another €7.50 from its current base of €33.50/tonne next week.

Carbon tax hike

Speaking ahead of Budget 2022, which the government will reveal next Tuesday, October 12th, he said:

“We need to row back on the carbon tax. Otherwise, we will be pushing more and more people towards fuel poverty, not to mention the other knock-on effects.”

“When you go to fill your car with diesel, the price is already at approximately €1.50/L. At the beginning of the year, it was 30 cents cheaper. During the summer of 2020, it was 35 cents cheaper.”

“As it stands, we are almost on a par with prices not seen since 2012 or 2013. And if further increases arise, as a result of a jump in the carbon tax, then a new record will be set for the price of diesel in this country.”

Green diesel prices

The Roscommon-Galway TD also commented on rising green diesel prices.

“When you look at green diesel, it has more than doubled in price in the past 12 to 18 months. It currently stands at in excess of 80c/L at the pumps.”

He said agricultural contractors have voiced their concerns that the excise duty differential between green diesel and normal diesel could be removed in Budget 2022.

This, he pointed out, means a potential jump in the price of green diesel of 50c/L.

“People in urban areas may feel that this shouldn’t worry them. But all of these additional costs will have to be passed on to someone.

He said this will mean that the price of labour will increase, as will food to ensure a viable living for farm families.

Concluding, Fitzmaurice said: “Further increasing the carbon tax will have a crippling impact on people trying to live and work in rural Ireland.”

“We need to row back on it in the next budget, not increase it,” he added.

Other reading:

·    Budget 2022: Independent TDs call for €300/suckler cow: Read

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