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Friday 21.09.2018 | Name days: Matīss, Modris, Mariss
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Experts: diesel fuel price rise to damage economy and quality of life

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Baltic news, News from Latvia, BNN-NEWS.COM, BNN-NEWS.RU, Juris Zvirbulis

Juris Zvirbulis

Tax rise on diesel fuel with no clear future vision will not be an effective move, nor will it help boost mobility. Moreover, tax rise in general will have a negative impact on the economy and damage people’s life quality, experts of the sector say.

In April this year, the European Commission adopted a regulation providing considerable changes in tax policy in terms of various energetics products, including diesel fuel.

The new procedure to come into force in 2013 with a transition period up to 2023 is introduced to prevent disbalance in this tax sector. Similalry, CO2 emissions would be considered more as well, according to Auto-moto Society of Latvia.

International Automobile Federation (IAF), which unites 36 million drivers in 100 clubs in Europe, is concerned about the planned tax rise impact on the economy and the environment. So is Auto-moto Society of Latvia as the member of the IAF.

According to IAF regional director Jacob Bansgaard, tax rise is not fair against those who were actively invited to purchase diesel fuel cars despite they were more expensive. In some states, cars going on diesel fuel are 75% costlier than those going on petrol.

Similarly, Auto-moto Society President Juris Zvirbulis points out for the most part goods we consume are transported by trucks going on diesel fuel, which means the tax rise will also boost the prices of goods and services.


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