The previous coalition’s response to rising energy costs caused by Russia’s 2022 invasion of Ukraine gives an idea of action that could be taken. A: The previous coalition’s response to rising energy costs caused by Russia’s 2022 invasion of Ukraine gives an idea of action that could be taken. They included excise cuts for fuel; reduced VAT on energy bills and a series of household electricity credits. A carbon tax increase on home heating oil is due in May, timed to coincide with lower demand after winter. Overall, some €1,500 of electricity credits were paid to all households, regardless of need, in recent years.

Source: The Irish Times March 09, 2026 22:51 UTC