Dáil Éireann Debate, Thursday - 24 September 2026
280. Deputy Ken O'Flynn asked the Tánaiste and Minister for Finance the projected full year yield of the carbon tax increase to €78.50 per tonne scheduled for 2027; the estimated cost to the Exchequer of deferring that increase for a further year; the estimated per litre effect on petrol and on diesel of that increase; and if he will make a statement on the matter. [67949/26]
View answerI am advised by Revenue that the projected yield from the increase to a charge of €78.50 per tonne of carbon dioxide emitted and, therefore, the estimated cost of deferring this increase for a further year, is shown in the following table. The Deputy should note that under the current schedule propellant fuels, including petrol and diesel, will increase to the €78.50 per tonne rate with effect from the 14 October 2026, while other fuels subject to the Carbon Charge will increase to this rate from the 01 May 2027.
|
Estimated Yield/Cost |
Carbon Charge €m |
VAT €m |
Total €m |
|
First Year 2026 |
10 |
1 |
11 |
|
2027 |
105 |
11 |
116 |
|
Full Year |
139 |
13 |
152 |
Note: figures rounded to millions.
I am further advised by Revenue that the per litre effect on petrol and on diesel of the increase is shown in the following table.
|
Fuel Type |
Mineral Oil Tax Increase Per Litre |
VAT inclusive Increase per litre |
|
Petrol |
€0.017 |
€0.021 |
|
Diesel |
€0.020 |
€0.025 |
