Mr. Eugene Drennan:

On question on the statistics, the impact of the legislation and how it is working, the carbon tax was put on yesterday. This carbon tax is going to be put on until 2030. It is unfair because of the supply chain. It is okay if goes to the end user at some stage, but there is double taxation. I refer to the ingredients or the makeup of fuel - the FAME and the bio. Our excise and taxation is on energy. Because we are using recycled product, a product with a poor energy level, we are not getting the quality. My friend, Mr. Paul Jackman, used the analogy that if you went for a pint of stout and the barman pulled the pint almost to the top and let it rest but then filled it up with water, would you feel you got a quality pint? That is what is happening us with the mix. The feed to the fuel is so poor. It is enshrined in 2030 legislation to charge this tax until 2030. It does not matter what it is called; it is taxation and excise. There are five taxes on fuel and on the supply chain. Within that, and from the study in TUD, I will point out that although this is enshrined legislation, there was another Act there long before it, and that is the unintended impact of any legislation. Is it achieving what it is meant to? Has it caught some sector wrongly? Is it unfair? We believe the current level of taxation, because we are not getting the product, is a sleight of hand. It is a triple taxation. There is a touch of the new buzzword "shrinkage". It is the same package, but the goods within the package are not matching what they should.