Increased Carbon Tax means increased fuel costs, which in turn means the cost of everything else is increased.
Even those who live very frugally will find the cost of food, cleaning, grooming, clothing, household goods, domestic fuel and petrol & diesel have increased.
This is on top of already rising fuel costs.
The last thing the economy needs right now is higher prices.
Ireland’s
price index for household consumption expenditure, at 136.1, is the second highest in the EU after Denmark.
The price indices for Germany, France, Italy & Spain, for instance, are 108.2, 114.01, 101.2, & 95.5 respectively. The UK is 119.1.