Fuels for Ireland is calling on the Government to set up an expert group on taxation to address what it describes as the "increasing burden" of fuel taxes on Irish motorists.
The recent carbon tax increase announced on Budget Day last week adds an additional 2.1c per litre of petrol and 2.5c per litre of diesel, effective from today, Wednesday 9 October.
"Since this government took office in 2020, an additional €12 in taxes has been added to the cost of filling a tank of fuel," said Kevin McPartlan, CEO of Fuels for Ireland.
"As the country nears a general election, Fuels for Ireland calls on all political parties to commit in their manifestos to the establishment of an expert group.
"This group would review taxation on transport and heating fuels, with the aim of creating a model that supports the transition to sustainable energy, ensures fair revenue to the State, and keeps fuel costs affordable for all," he added.
As of today, Fuels for Ireland said Ireland has the highest level of fuel taxation in the EU, with over 55% of the cost of fuel going directly to the government.
"Fuels for Ireland is calling for an urgent review of these taxes and the creation of an expert group that would bring together government departments, the Revenue Commissioners, economists, environmental specialists and fuels industry representatives, to develop a balanced fiscal strategy," Mr McPartlan said.
