Carbon Tax in Ireland – How Much Is It ?

A carbon tax is a tax on the use of fossil fuels such as oil, petrol, diesel, gas, coal and peat. Budget 2021 announced an increase to Carbon Tax of €7.50 a tonne from €26 to €33.50 a tonne. (This will continue to move towards €100 per tonne in 2030. ). This increase will apply […]
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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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Oil Prices Rising Again

The price of Brent crude (1 month forward) has risen to about  $68/ barrel.  A few weeks ago it was as low as $45 dollars a barrel.  It is possibly a good sign that prices are rising – it may be a hint of more demand caused by some economic global recovery. On the other […]
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