The Irish Co-operative Organisation Society (ICOS) has called on Minister for Agriculture Martin Heydon to advance an income volatility measure and prevent the introduction of the carbon border adjustment mechanism (CBAM) tax on fertiliser.
A delegation of ICOS representatives met with Minister Heydon recently to discuss its pre-budget submission.
ICOS has described CBAM as a tax on food production that must be prevented.
From 2026, imported fertilisers from outside the EU will require CBAM certificates based on their carbon intensity.
A CBAM tax would see a CBAM certificate requirement being imposed on fertiliser imports from outside the EU. \ Donal O'Leary
ICOS president Edward Carr said: “The Minister strongly indicated his support for the removal of fertiliser from the CBAM tax. However, we need to see a clear plan of engagement with the European Commission on this matter.”
Income stability
ICOS has requested that the Minister delivers on the Government’s commitment to put in place an income stability measure for the sector.
"The volatility measure supported by ICOS would enable a farmer to use periods when market returns are higher to create a modest 'rainy-day' fund to support them during future periods when market returns are weaker.”
Carr told the Minister that the sector is facing very significant uncertainty at farm and processing level.
“This level of uncertainty means that our prospects of generational renewal and succession form a fundamental question now facing the entire sector.”
The Irish Co-operative Organisation Society (ICOS) has called on Minister for Agriculture Martin Heydon to advance an income volatility measure and prevent the introduction of the carbon border adjustment mechanism (CBAM) tax on fertiliser.
A delegation of ICOS representatives met with Minister Heydon recently to discuss its pre-budget submission.
ICOS has described CBAM as a tax on food production that must be prevented.
From 2026, imported fertilisers from outside the EU will require CBAM certificates based on their carbon intensity.
A CBAM tax would see a CBAM certificate requirement being imposed on fertiliser imports from outside the EU. \ Donal O'Leary
ICOS president Edward Carr said: “The Minister strongly indicated his support for the removal of fertiliser from the CBAM tax. However, we need to see a clear plan of engagement with the European Commission on this matter.”
Income stability
ICOS has requested that the Minister delivers on the Government’s commitment to put in place an income stability measure for the sector.
"The volatility measure supported by ICOS would enable a farmer to use periods when market returns are higher to create a modest 'rainy-day' fund to support them during future periods when market returns are weaker.”
Carr told the Minister that the sector is facing very significant uncertainty at farm and processing level.
“This level of uncertainty means that our prospects of generational renewal and succession form a fundamental question now facing the entire sector.”
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