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May 2012 Carbon Tax Effect €14.40 per 1000 litres of Kero

  • 07-12-2011 10:03am
    #1
    CBYR1983
    Registered Users, Registered Users 2 Posts: 336 ✭✭


    Truth about carbon tax changes, just in case the old companies try to hoodwink us...

    Carbon Tax
    Carbon tax on fossil fuels will increase from €15 per tonne to €20 per tonne (a
    33% rise). This increase will apply to petrol and auto-diesel with effect from 7
    December 2011. This will result in approximately a 1.4c per litre increase in the
    cost of petrol and a 1.6c per litre increase in the cost of auto-diesel. The increase
    in the VAT rate from 21% to 23% will further increase the cost of these fuels from
    1 January 2012.

    The increase in carbon tax will apply to other fossil fuels with effect from 1 May
    2012. This will result in the following price increases (VAT incl):
    Kerosene - €14.40 per 1000 litres
    Marked gas oil - €15.58 per 1000 litres
    LPG - €9.33 per 1000 litres
    Fuel oil - €17.52 per 1000 litres
    Natural gas - €14.46 for 13,750 kwh (annual avg household consumption)
    The Minister stated that he is not going to apply carbon tax to solid fuels which
    would include coal, peat and briquettes.


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