The four rises are likely to add around 15c to the cost per litre of petrol and around 12c to a litre of diesel. Taoiseach Leo Varadkar yesterday said there would be no wavering from the planned excise duty hikes. There will be similar rises in August when excise duty levels on petrol, diesel and green diesel are fully restored. Consumers’ Association of Ireland chairman Michael Kilcoyne claimed the multiple rises in the cost of motor fuel were going to hurt drivers. Kevin McPartlan, of Fuels for Ireland, said the UK chancellor Jeremy Hunt had extended an reduction in excise duty for 12 months.

Source: Irish Independent March 15, 2024 12:08 UTC