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Carbon tax to increase by €6 a year for the next decade despite fears among rural ministers

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‘Trajectory’ of increases: Paschal Donohoe. Photo: Gareth Chaney, Collins

‘Trajectory’ of increases: Paschal Donohoe. Photo: Gareth Chaney, Collins

‘Trajectory’ of increases: Paschal Donohoe. Photo: Gareth Chaney, Collins

Carbon tax could be raised by €6 every year for the next decade under plans being concluded as part of Budget 2020.

Finance Minister Paschal Donohoe intends to outline a "trajectory" of increases that will ultimately bring the charge from €20 per tonne of carbon to €80 in 2030.

By the time the repeated increases have hit, the price of a 60-litre fill of petrol will have risen €13.76, while diesel will be up €15.72 including VAT.


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