Brendan Smith

Overall sentiment: 0.28
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The Tánaiste and other members of the Government indicated clearly on Tuesday that the introduction of other relief measures would be kept under constant consideration in light of the serious difficulties facing households and businesses due to the increase in energy costs. I suggest that the omission of the farming community and agri contractors from meaningful support in that announcement should be addressed as a matter of urgency. I understand that three weeks ago, green diesel cost 96 cent per litre. Today, it costs at least 163 cent per litre, which is an increase of upwards of 70%. The excise rate of green diesel needs to be revisited quickly. The silage season is less than two months away. We know that with present prices, the cost of making silage would increase substantially, impacting farmers and agri contractors who would be spreading much dearer fertiliser. Making silage and spreading slurry will be key and essential farm activities over the next number of weeks and the increases will put huge pressure on farm costs and incomes. This is at a time when the prices paid to farmers are stagnant, if not falling, for some sectors. The significant increase in fuel costs is a cause of great anxiety and concern for farmers and agri contractors. We all know that increased energy costs adversely impact other essential farm inputs. For the consumer, food prices will also go up. In his role as Minister for Finance, I ask the Tánaiste to revisit this as a matter of urgency.

Sentiment score: 0.28