New rules requiring airlines to use more sustainable fuels across the European Union have been agreed by negotiators from member countries and the EU Parliament in a bid to help decarbonise the sector. The European Commission, the bloc’s executive arm, said Wednesday that the deal reached by member states and the European Parliament demands that … Read more
The petrol price and diesel is marginally stabilising, but AA Ireland has issued an alert that it is impossible to predict what will happen next. In July, the average pump price for petrol was 200.3 cents per litre, while the price for diesel was 201.8 cents, according to their most recent Fuel Price Index. After … Read more
According to the Central Statistics Office, (CSO) lower-income households in June saw inflation rates of up to 10.3% compared to highest income households’ 8.2%. The CSO has published an update to its first research paper on inflation broken down by various household characteristics up to June 2022. Commenting on the research report, Joseph Keating, … Read more
The Minister for Social Protection, Heather Humphreys, has announced that the extra Fuel Allowance Payment will be paid this week, commencing 16th May. In all, over 371,000 households will benefit from the €100 payment. This is equivalent to over 3 weeks of Fuel Allowance for these households. The Government approved the additional lump sum payment … Read more
Minister for Social Protection, Heather Humphreys, has announced that the €125 once-off Fuel Allowance payment will be paid to 372,000 households from today. The payment, on top of regular Fuel Allowance, was agreed as part of the government’s €505 million packages aimed at mitigating the effects of rising energy costs. Households will receive the payment … Read more
The Government will reduce the cost of petrol by between 15 and 20 cent in a move to tackle rising prices. It is expected that a proposal will go before the Dáil today that will cut fuel costs through a reduction in excise duties. The changes would then take effect from midnight if, as expected, … Read more