The Taoiseach Micheál Martin has warned Irish consumers of a"new era" of high energy prices because of Russia's war on Ukraine.
This was due to a confluence of factors, such as climate change, the war in Ukraine and the EU’s strategic plans to wean Europe off Russian oil and gas, known as RePowerEU. "If you dovetail that with our climate change agenda it is a watershed moment for fossil fuels in general, which will make for fairly rocky territory over the next couple of years in terms of pricing around fossil fuels.
The Taoiseach said the Government had initiated exploratory discussions with the social partners on how to manage what he described as a"unique and very challenging set of circumstances which has created very difficult cost of living issues for people on the ground."
And I suppose he'll be hard pushed to cover the cost on the wages he's on,maybe he'll be able to take in a few Ukrainians to help cover the costs
The State imports only 7% of its Electricity from the UK. Gas is imported from Scotland for the Power Stations and Ireland is a leader in Wind Power. The Energy Companies have just jumped on the UK Bandwagon and raised thier prices for no apparent reason.
Russia is holding the world hostage with fuel and food!!!! Time to take the war to Russia. MichealMartinTD simoncoveney - we'll sit this one out!!!!
Will he and his cronies be feeling the pain, you bet they won't. This is pain to be inflicted on the Irish people again. The government of this country hasn't has the peoples back for a very long time.
Westerm 'Green Policy' stopped all investment in local energy production, blame your own short sighted hippy sh*t not the reality of geopolitics
What function does the government have? That of SOLVING the problems of the population or that of COMMUNICATING the problems to the population?
So Ireland should brace itself for crippling energy prices because this eejit has joined with the other EU puppets to sanction Russia for standing up to Nazi loving Ukraine. When the citizenry eventually joins the dots a lot less will be ‘standing with Ukraine’ in NATO’s war.
Any reason to rob us absolute thieves,how the fuck are they still representing me
Fuck this spoofer, honestly. Just destroying Ireland more and more.
And what are you going to do to help help us people who are struggling everyday to pay bills Mehole
Is that what they told you Micheal? You are being bought snd sold by the puppeteers in Davos.
It's going to be Shit lads but I'm alright
Ah shush Micheal.
No Mr. Martin, the energy prices ar rising because of Joe Biden's energy policies.
'The most important thing we can do as a country is double down on renewables' Double down on failure, unbelievable.
It’s all tax, Mehole doesn’t give a fiddles about the plebs. 60% of the cost of a litre of fuel goes to the state. So it just another ‘new era’ of the Irish government laughing at the little people. Now get your booster and wave your Ukrainian flag. 🤡🌍
Well Ireland, you asked for it so lube up.
This is bullshit Ukraine president could stopped war but no he wanted this just like the USA loves to fund this bullshit I don't give a flying f...k about Ukraine I live in Ireland
This sounds a bit like 'get used to it'. What a horrible attitude some politicians have towards the people who elected them and pay their salaries.
How come that gas wholesale gas prices have fallen considerably, and retail hasnt. We are already being ripped off, before MMs nod to utility companys its ok to increase prices.
How does a neutral country ban imports of oil and gas over an overseas war?
Not a great time to be Taoiseach. Covid and now a war.
All part of the agenda folks.
Michael get together with your European colleagues and do something about abnormal profits by energy companies - at the very least a windfall tax, as the UK has done. While you're at it sort out EU energy security for the long term.
Why? Who sets the prices ? Is it necessary and why,?
I'm happy to buy energy from Russia, I should have the option.
Any excuse to facilitate the continuing corporate tyranny on the citizens of Ireland.
Micheal & Leo couldn't jump high enough when told by EU Nato countries to follow the US line. Anti-Russian US/EU sanctions have failed miserably. It's economy is booming. Sanctions have split the EU. We are not in Nato. Ukraine is not in the EU. We are Neutral. Peace talks now!
Man who introduced new regressive fuel taxes warns of higher fuel prices. 😂 😂 😂 😂
Ask him for a breakdown of where we buy our oil and coal and then see if the Russians have any thing to do with it.
And here we are surrounded by wind and sea! Russian oil should be none of our concern.
Nothing to do with war in Ukraine. Prices were skyrocketing before that. Excuse for excessive prices at the behest of his World Economic Forum handlers. Martin works against the interests of the Irish people,their children and grandchildren. Vote them out next election.
It is nothing to do with war between Russia and Ukraine. The war is only justification of the green revolution agenda. Thanks to unelected EU burocrates and our servants
Loose the fossil fuel ,his a fossil fuel fool ,won't bother him the cost of fuel just gets the fuel card at the Dail and charge it to the tax payers.
Of course, it has nothing to do with the excessive taxes that we pay on fuel prices !
The more he opens his mouth, the more dislike I have for this man. People are waking up. 15 percent approval rating for FF. No body wants this government anymore. A bunch of clowns who are bending over backwards to please the EU over its own Citizens.
Russia ukraine sick of the excuses we should have our own appratus gas oil you name it the irish sea is ours not the parasites and the cabal club yes sir yes sir 3 bags full too the rest of them
The green agenda is in full swing by the WEF you will own nothing and be happy. Blame it on the Russians. Won't affect the government they will just give themselves a raise. youarebeenplayed, you can use your Ukraine flags as blankets
Can't imagine what he would be saying if the black gold stops flowing from the Middle East also...
Why not reopen the BNM briquette factories and power stations temporarily until the war is over?
I see absolutely no reason and happy to pay more sure let's see how well support continues 😊
This government badly needs to go
it wasn't 'Putin's plan' to create the energy and food crisis. it was the global billionaires plan and Martin's support for their policies has plunged us into it. had we simply stepped aside and stayed neutral we would not have these issues.
All these crises are manufactured - energy, climate change, food shortages, even Covid - all manufactured crises that would have little effect on people if Big Gov didn't interfere to fuck it up.
It's a shame he didn't think to ban Saudi oil because of the illegal war on Yemen. At least then his morals might show some consistency...
Maybe energy prices are going up because the EU countries are sourcing fuel from non-Russian sources, pushing that demand up?
Only Hungary can buy russian gas and oil 😂😂😂
We don't get our gas off Russia you womble what a bell end
Bullshit ... can't believe people will fall for this tripe.
I'll fix that headline...Taoiseach hints at windfall profits for energy companies. It's the perfect cover for the rich to get even richer. The day will come when people will think that 2e a liter was cheap for fuel. Another prediction of mine coming through
The ban on off shore exploration should be reversed immediately
And loads of extra €s in taxation. No wonder he's smiling.
I thought the Oil was coming from the Middle East ! It was anyway, until the War started....
Sure, we will end up like other countries that have power outages to save energy. They think everything is cause of the war, its just all the bloody sanctions
A new era of civil servant pay increases no doubt.
Just wondering when is the tipping point? Surely this deception cannot go on forever. Are people this dumbed down that they think this is some spontaneous remark because Putin doesn't want NATO missiles on his border? Are the wind farms not enough? Surprise Surprise.
Completely designed 'crisis'.
He’s lying or misinformed or both.
Big smile on the face for the Green party, closer to stone age, pay rise for all the politicians, petrol prices 5 EUR a liter...in a country of only 5MM ..... This is unreal
Reduce the tax on fuel, in that case. No reason why it should be so high.
Mehole warns of high energy prices which are caused by the sanctions imposed by himself and his EU colleagues and while he continues personally to browbeat Orban to participate in further restrictions on Russian oil imports What a lackey...trying to set himself up for an EU job.
Nothing to do with Russia - but we’ll done in finding a handy scapegoat
Russia aren't applying 55% tax on the juice Meehole
is that why the prick has a big grin on his face?
New era because of all the taxes this government has applied to the product.
You're supposed to be the Taoiseach. Put something in place now to help alleviate the rising costs and make it easier when it happens. I know FF arent known for their forward thinking but isnt that obvious? WorstTaoiseachEver
Let’s reduce your government taxes, PSO levy’s and standing charge. Only in last few weeks standing charge on electricity went from 55c to 70.66c before tax. Don’t think standing charge is related with russian invasion Correct me if I’m wrong.
🤬🤬🤬'new era' of high energy prices because of Russia's war on Ukraine🤬🤬🤬 What a load of BullShlt No sign of this gov reducing their massive salaries. Who is going to help the Irish? This Corrupt Gov is just abusing the Irish people now 🤬🤬🤬
Just jump on the Russophobic blame Putin for everything band wagon Mehole. Russia is a scapegoat for all these inept right wing world leaders.
Because of OUR sanctions. Self inflicted kamikaze economics. Incompetents.
At least one EU leader stood up for the people.
Bring back coal
No surprise there you've blamed everything that is wrong with this country on the war
The general public is warning MichealMartinTD of a 'new era' of no fiannafailparty because of their war on the general population.
I think we need a new taoiseach that is capable of competently dealing with the mess ahead.
I agree that Europe can't keep funding Russia's war but my god we are all in for rough times this winter.
Here he’s at it again. Now that he has warned us all about it, he has plenty of time to implement actions to off set it just like other countries have done like Spain and Portugal and not wait for permission from the EU. He’s the Leader who can’t. Can’t do a single thing.
It be easier to make the major switch to renewables right now than wait n pay these sky rocketing prices.
They are financially strangling us to appease NATO and the war mongers.
you misspelled “because of a failure of the government to invest in energy security and domestic energy sources” i.e. renewables.
This is all to do with lockdowns how can a government expect an economy to work when there are too many people not working
These people use any excuse to make money be it Covid or War in Ukraine. The big corporations with the help of their Centrist Government friends always win meanwhile the Irish public pick up the costs.
The 'brush' trying to deflect people's attention away from the homelessness, hospital waiting lists etc. etc.
It's all the bogeymans fault. Sure it is.
He seems happy enough with that judging by the smile on his face! Of course if the going gets tough just award himself and his colleagues another pay rise. The rest of the struggling working class can just deal with it.
Should enter in contact with France & EDF. Undersea pipeline is very common. Lots of progress have been made there so Ireland can get access to way cheaper electricity from this giant rather than the historic expensive price that prevailed before this crisis. Facts!
Either the gov starts wages increases (not welfare) now the economy is going to crash, exactly what Putin wants. Wait till mortgage interest rates rise its game over Recession
Boll..ks!! While their profits rise.. Enough of this bs..Election!!!
Cutting off ones nose to spite its face.
The War is a handy stick to beat people with...🙄
No. It's because of failing sanctions by the EU.
Lies. It’s the energy companies who have recorded record profits that are pushing us into this “new era”.
There are people who will still believe this charlatan, and that Rip off Ireland and price gouging didn't exist before. By the way, the Government have already given themselves 4 payrises. CostOfLivingCrisis HowIrelandWorks
All orchestrated by WEF and it’s puppets
The disaster that is Ukraine rests squarely with 🇺🇸 🇬🇧 🇨🇦 et al.
These people only do something when it affects them and that's never going to happen
Remember everyone, being fleeced at the fuel pumps will save the Ukraine. 🙃
It’s because of green policy and the stupid EU banning Russian Oil and Gas
Our electricity isn't sourced from gas supplies. Our gas supplies isn't sourced from Russia. This is an artificial rise using the Russian invasion as an excuse.
Wrong, it's greed and the longer we keep paying for it the more chances it will never reduce, just like when oil was worthless at the start of covid its was never passed on to consumers, robbing bastards and governments making just as much from it, MEHOLE
(And decades of underinvestment in renewables...)
DeanMinnock Ireland is definitely in some “Entire Country” version of that old tv show Punk’d .. MichealMartinTD is like Ashton Kutcher and he’s gonna keep pushing until everyone in the country just gives up and moves abroad or has a mental breakdown
Well do something
That is why we need a LNG terminal to import gas rather than totally depending on pipeline to England....Lift the ban on gas and oil exploration in Irish waters and the ban on fracking...
They weren't long finding an excuse.
More frozen pensioners in winter and this baldy fecker does not care one iota!!
Everything in the health service would be fine if it wasn't for that damn Covid. Everything wrong with energy prices would be fine if it wasn't for Russia. Too many people just look where the Gov. is pointing. Who needs nuance when you've got scapegoats?
Nothing to do with the record profits at the gas & oil companies, then...
Prices were going up pre war , prime bullshit
Not because of the war, because of the EU's shit-for-brains response to it
Micheál Martin eartagged for plump energy company board seat
A bit of cold turkey on fossil fuel addiction. The worry is that we may lose some older age people due to hypothermia and health resulted consequences of cold ambient temperatures. Ireland was far too slow to develop alternative energy infrastructure.
Dope..
Energy Energy Latest News, Energy Energy Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
German inflation hits record high of 7.9% in MayGerman inflation climbed to a fresh record high of 7.9% in May, official data showed today, as the war in Ukraine pushed already high energy and food prices up further.
Source: RTEbusiness - 🏆 16. / 61 Read more »
Source: businessposthq - 🏆 8. / 71 Read more »
Source: businessposthq - 🏆 8. / 71 Read more »