What the carbon tax increase means for you as household fuel costs set to rise

As household energy costs rise, the government collected €1bn from carbon taxes last year, leading to allegations of exploitation during the cost-of-living crisis. Aontú leader Peadar Tóibín has called for a comprehensive review of energy and fuel taxes, noting that carbon tax revenues have doubled in five years. Despite significant drops in crude oil prices and heating oil costs, the tax burden on households has increased, with carbon taxes recently raised, reflecting Ireland's ongoing commitment to reducing carbon emissions as part of its environmental strategy.

The State's take from carbon taxes hit €1bn for the first time last year, amidst rising energy costs, igniting accusations of the government 'cashing in'.

Aontú leader Peadar Tóibín called for a review of the taxes on energy and fuel, stressing that carbon tax receipts have doubled over the last five years.

Read at Irish Independent