Worried about rising gas prices? The Europe path doubles costs

Published April 20, 2026 7:00am ET



While Americans fill their gas tanks for around $4.10 a gallon and $5.60 for diesel, Irish drivers and other Europeans are paying $8.55 for gas and nearly $9.60 for diesel. That is not a market accident. It is the direct result of Europe’s aggressive carbon taxes, excise duties, and net-zero ideology.

In Ireland alone, the carbon tax has climbed from $66 per ton in 2024 to $84 this year, with a legally mandated march to $118 by 2030. Those pennies-per-liter add up fast: They now make up 57% of the price at the pump and 48% of diesel costs. Every loaf of bread, every delivery, and every tractor run costs more because politicians decided fossil fuels must be punished, not produced. 

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