Economy in crisis - No mandate for more road tolls
Fuel costs, already at a record high, will increase in December when the carbon tax rate is increased from €15 per tonne to €25. This will push the Government-imposed costs on €10 worth of petrol well beyond the €7 mark. This is not so much taxation as something approaching the extortion of a market with no choice.
According to the AA, a typical motorist uses 150 litres of fuel a month based on doing 12,000 miles (19,300km) per year at 30 miles per gallon. That puts a monthly fuel bill at €225. In January 2009, when petrol cost 95 cent a litre, that figure was €142.50.