Advertisement

We need your help now

Support from readers like you keeps The Journal open.

You are visiting us because we have something you value. Independent, unbiased news that tells the truth. Advertising revenue goes some way to support our mission, but this year it has not been enough.

If you've seen value in our reporting, please contribute what you can, so we can continue to produce accurate and meaningful journalism. For everyone who needs it.

Coal burning with yellow flames via Shutterstock

Bad news for fossil fuels: cost of coal and briquettes to rise today

The Government is extending the carbon tax to solid fuels from today.

THE COST OF coal, briquettes and peat is set to rise today under the new carbon tax on solid fuels.

Up until now, solid fuels had escaped the carbon tax, but the Government announced in Budget 2013 that the scheme would be extended to peat and coal on a phased basis.

The rate of tax will be €10 per tonne, rising to €20 per tonne in May 2014.

The move will affect people who use fossil fuels to heat their homes, with a 40kg bag of coal costing around €1.20 more from today.

Ireland was one of the first countries in the EU to introduce a carbon tax in 2010 which covered fuel oil, natural gas and other non-solid fuels.

The hardware industry has said that people may turn to Northern Ireland to buy fuel to avoid having to pay the extra cost.

Read: Risk that Ireland won’t meet its EU emissions targets >

Read: Average driver to spend €243 on petrol this month, paying €138.50 in tax >

Readers like you are keeping these stories free for everyone...
A mix of advertising and supporting contributions helps keep paywalls away from valuable information like this article. Over 5,000 readers like you have already stepped up and support us with a monthly payment or a once-off donation.

Author
Christine Bohan
View 104 comments
Close
104 Comments
    Submit a report
    Please help us understand how this comment violates our community guidelines.
    Thank you for the feedback
    Your feedback has been sent to our team for review.
    JournalTv
    News in 60 seconds