During the recent controversy on a proposed increase in tolls on Irish motorways – now delayed for six months – it emerged that Transport Infrastructure Ireland has been asked to examine multi-point tolling on these major roads, meaning motorists would face higher costs the further they travelled. This was presented as a longer term option.
The PBO pointed out that when – or if – full electrification was achieved it would cost the vast bulk of the current revenues from the sector, around 8 per cent of total taxes.
And so it begins...the new revenue stream disguised under green initiatives.
Perhaps the exchequer could try to recoup some of the recently announced and scandalously high price increase imposed by ESBNetworks on EV charging points to offset the losses? Quite why they were permitted to impose them is beyond me- potentially abusing a virtual monopoly?