Carbon Tax – How Much Does it Cost You?

A carbon tax is a tax on the use of fossil fuels such as oil, petrol, diesel, gas, coal and peat; anything that produces CO2 when it’s burned. In Ireland, prior to Budget 2020 the carbon tax was levied at €20 per tonne of CO2. It raises €400 million a year and adds about : […]
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Oil Prices Rising – Middle East Unrest

Oil prices have climbed to their highest level in 30 months in London as Libya’s uprising reduced shipments and sparked fears of unrest spreading across the Middle East. Brent crude hit $119 a barrel for the first time since August 2008. Major western oil companies, such as Italian firm Eni and Spain’s Repsol-YPF, have suspended […]
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New Carbon Tax in Budget 2010

A new carbon tax of €15 Euro per Tonne was announced in the 2010 Budget. The tax will apply to Petrol and Diesel from midnight tonight. Petrol will go up by 4.2c a litre and deisel by 4.9c a litre The Carbon tax will apply from 1 May 2010 to Kerosene, Marked Gas Oil, Liquid […]
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