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Irish government announces further fuel supports after protests

Irish government announces further fuel supports after protests

Summary

The Irish government has announced new financial aid to help certain workers and businesses with rising fuel costs after recent protests. The support includes two main schemes for transport operators, farmers, and fishers, with payments based on fuel usage and vehicle numbers.

Key Facts

  • The government had already cut fuel taxes but added more support following nationwide protests over fuel prices.
  • The Road Transporters Supports Scheme is worth €120 million and helps hauliers and bus/coach operators, with payments based on the number of vehicles they have.
  • Operators with up to 5 vehicles will get €1,350 per vehicle; those with 6 to 20 vehicles get €790 per vehicle; those with more than 21 vehicles receive €300 per vehicle.
  • The Fuel Support Scheme, costing €100 million, targets farmers, agricultural contractors, and fishers to help with the cost of green diesel.
  • Support from the Fuel Support Scheme is approximately 20 euro cents per litre or €200 per 1,000 litres, covering March to July 2024.
  • The government has spent a total of €755 million on fuel supports in recent months, including tax cuts and these new measures.
  • Planned increases to the carbon tax have been postponed to ease costs.
  • Applications for the transport scheme will open in May, and payments will be backdated to March when diesel prices exceeded €1.90 per litre.
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