No delay to carbon tax hike despite spiralling energy costs, Taoiseach says
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No delay to carbon tax hike despite spiralling energy costs, Taoiseach says
"Micheal Martin has strongly hinted that cuts to excise duty on fuel are being considered, saying the impact of holding off on carbon taxes 'is not anywhere near the impact of other levies and taxes.'"
The Taoiseach has rejected proposals to postpone carbon tax increases as a measure to alleviate household energy costs amid rising prices linked to international conflict. Instead, the government is exploring alternative fiscal measures, particularly reductions to fuel excise duty. The Taoiseach emphasized that suspending carbon taxes would have minimal economic impact compared to adjusting other levies and taxes. This decision reflects a commitment to maintaining climate policy objectives while seeking alternative mechanisms to provide relief to households facing elevated energy expenses.
Read at Irish Independent
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