The Tánaiste is bringing a memo to cabinet today, asking Government to approve the phasing out of excise cuts from November.
Cuts to taxes on petrol and diesel are to be extended until February.
The Tánaiste is bringing a memo to cabinet today, asking Government to approve the phasing out of excise cuts from November.
Current cuts will stay in place until 1 November, at which point prices will increase by 10 cent a litre for diesel and 8 cent for petrol, when the NORA levvy is restored.
That had been due to come in on the 1 September.
The increases will happen in four stages, before they're fully restored by February next year.
The diesel rebate scheme for hauliers will also be extended until the end of December.
Fuels for Ireland has welcomed the move, but says they're concerned about setting a timetable without meaningful engagement with the fuels industry, and without publishing analysis that the increases will be affordable.
CEO Kevin McPartlan says we should move away from short term interventions, and instead find a better way to tax fuel.
He wants the government to set up an independent expert group on fuel taxation.
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