No plans to stop carbon tax hikes despite inflation pressure

Finance Minister Paschal Donohoe says the increases will proceed despite record inflation, including increasing fuel prices

There are concerns that increasing carbon taxes will cause fuel prices to rise even further. 

Carbon tax hikes due to kick in May and further increases in October’s budget have to happen, Finance Minister Paschal Donohoe has said.

Soaring fuel costs are among the key contributors to rising levels of inflation, prompting Sinn Féin to call for a pause in the carbon tax hikes amid fears it will cause even further rises in fuel prices.