The Irish Co-operative Organisation Society (ICOS) has urged the Government to keep the fuel situation under careful review as current indications show that fuel prices may rise again.
ICOS has welcomed the new supports announced on Sunday 13 April for farmers, contractors, fishers and hauliers as a response to the ongoing spikes in energy costs.
ICOS president Edward Carr stated: “This additional €100 green diesel package, as part of a wider €505m new package [and] in addition to the previously announced €250m support, is very welcome and will certainly help farmers, contractors and those who haul our produce to cope with the current enormous difficulties.
“I urge Government, however, to keep the situation under close review, as current indications suggest that the underlying fuel price is going up, not down. In addition, we need to see strong supports for business, as our co-ops are currently carrying dramatically increased energy and general operating costs.
“I want to remind Government that this current situation is significantly worse than during the Ukraine crisis, as the underlying milk price is some 20c per litre weaker and the sector is in no position to absorb additional costs,” he concluded.
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