So, environmental history is written. The Minister of Environment, Heritage and local Government John Gormley delivered recently the first Carbon budget in the history of the State. The budget announcement contains a series of measures aimed at tackling climate change like the new emissions based system for motor tax with significant savings for new low emission vehicle cars and a mandatory environment labelling system for new cars.
The new motor tax, starting at 1 July 2008, is changing from being based on engine size to one based on CO2 emissions. There will be seven bands, A-G ,and the corresponding fees range from €100 a year for the greenest cars, to €2000 for the most polluting. Whereas those gas-guzzling cars will be hit hard the savings for motorists with the lowest emission vehicles will be more than €300.
The new emissions motor tax system will apply to all new vehicles and newly imported cars registered on or after July 1 next year. Existing cars will continue to be taxed on the current basis of engine size. Minister Gormley said: “The clear objective of this new motor tax system is to influence the purchasing decisions of consumers by rewarding the buyers of low-emitting cars and charging a premium on less efficient vehicles. From 1 July, anyone registering a new car can make a choice for the environment by purchasing a low CO2 emitting car, and thus enjoy a lower rate of motor tax. Alternatively, if the choice is to purchase a high CO2 emissions car, a higher rate of motor tax will apply.”
On top of that, an introduction to a mandatory labelling system for cars from 1st July was regarded vital, to show clearly to consumers the environmental impact of every vehicle. This will be accompanied by a public information campaign which will promote the purchase of fuel efficient cars.
Band A: CO2 emissions of under 120grams per kilometre - motor tax rate of €100.
Band B: CO2 emissions between 121 and 140 grams per kilometre – motor tax rate of €150.
Band C: CO2 emissions between 141 and 155grams per kilometre – motor tax rate of €290.
Band D: CO2 emissions between 156 and 170 grams per kilometre – motor tax rate of €430.
Band E: CO2 emissions between 171 and 190grams per kilometre – motor tax rate of €600.
Band F: CO2 emissions between 191 and 225 grams per kilometre – motor tax rate of €1,000.
Band G: top band – CO2 emissions of over 225grams per kilometre - motor tax rate of €2,000.
Band B: CO2 emissions between 121 and 140 grams per kilometre – motor tax rate of €150.
Band C: CO2 emissions between 141 and 155grams per kilometre – motor tax rate of €290.
Band D: CO2 emissions between 156 and 170 grams per kilometre – motor tax rate of €430.
Band E: CO2 emissions between 171 and 190grams per kilometre – motor tax rate of €600.
Band F: CO2 emissions between 191 and 225 grams per kilometre – motor tax rate of €1,000.
Band G: top band – CO2 emissions of over 225grams per kilometre - motor tax rate of €2,000.
1 comments:
Com' on, I mean. It is a bit ridiculous now isn't it. Its all about generating revenue, ha of course the olympics are closing up..
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