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Tag: Petrol

The carbon tax hike prevents a sharp decline in fuel prices. Without the change, gasoline could become four cents cheaper next week.

The carbon tax will be updated from next Monday, August 26, and will increase to 68,368 euros/tonne of CO2, according to a Finance Ministry decree published yesterday in Diário da República. The government justifies the increase in the amount charged for emissions by "the recent evolution of fuel prices and the evolution of prices...