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Fuel. The government promises to return 10 cents, 190 euros for taxis and 1,050 euros for buses to the Portuguese, but will that be enough?

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Fuel.  The government promises to return 10 cents, 190 euros for taxis and 1,050 euros for buses to the Portuguese, but will that be enough?

Threats intensified and the government had to give in when it announced new measures to lower fuel prices. Following the announcement last week of a petroleum product tax (ISP) cut that was canceled almost two days later, the finance minister has now announced a 10 cents per liter tax cut.

The measure will take effect in November and will last until March next year. This refund is made up to 50 liters per month using direct bank transfer via the IVAucher platform. In general, the monthly fuel discount will be five euros per person and 25 euros for five months. João Leau estimates that this “discount” for taxpayers will cost 133 million euros in five months.

Nascer do SOL contacted several fuel dealers who were surprised by the announcement of the measure. “We do not know how it will work, whether it should be adhered to, as it was with restaurants and how much the discount will be.”

However, if this new rebate mechanism is similar to the current IVAucher, the taxpayer will first have to pay the full cost of the fuel to be certified by requesting an invoice with a tax number (NIF). Then you will need to join the IVAucher program as well as petrol stations. Subsequently, if you have an account with a subsidiary bank (most of the main ones of which operate in Portugal), you will receive a refund of 10 cents multiplied by the number of liters, up to a monthly limit of five euros. However, in this case, the operation may be different.

Although details have not been disclosed, the finance minister praises the measure. “The government has decided to announce a new package of emergency measures to help in the coming months,” Juan Leau told parliament. The minister stressed that Portugal is the “first country” in Europe to “take large-scale emergency measures” to combat rising prices.

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It is true that this cost is much lower than what was proposed in France, which includes the assignment of one “fuel pass” for 100 euros to approximately 36 million drivers, starting in December, they earn less than 2000 euros per month. rise in prices for diesel fuel and gasoline.

The truth is that the fuel issue has become particularly acute in France following the emergence of the anti-government Yellow Vests movement, which began in 2018 with protests against fuel tax increases. The protest quickly turned into a general protest against economic injustice, which resulted in weekly, sometimes violent demonstrations.

Transport also receives “help”

The government will also donate € 190 for each taxi and € 1,050 for each bus to ensure that public transport is maintained and supplied.

“What is provided for buses and taxis is the same discount as for individuals, 10 cents per liter, but with very different restrictions,” the Minister of the Environment said, pointing out that “for individuals it is 50 liters per month, for taxis it will amount to 380 liters per month, and for buses – 2100 liters per month ”.

According to Matos Fernandez, this measure is valid for five months and is paid in a lump sum by bank transfer and “will reach the companies that own taxis and buses this year, and is valid until the end of March.”

A solution that is not always successful in the eyes of economists. At Sunrise, Pedro Ferras da Costa guarantees: “It’s always bad when we keep people away from real prices because they start making decisions based on the wrong data. We have less to consume. But that involves changing habits. We have to develop good habits and some do not. I don’t think this is a drama. ”
Enrique Tome, an analyst at XTB, also distinguished between what is happening in France and what is happening in the national market. “Although fuel prices in Portugal are similar to those in France, Portuguese consumers have much lower purchasing power than French consumers,” recalling that “Portugal’s high tax burden and lack of regulation continue to hurt consumers, indicating that that the government needs to be more worried. “

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An opinion that corresponds to what has already been discovered by Luis Mira Amaral i. “The rise in fuel prices began to occur when Antonio Costa took office because there was a period when the price of a barrel of oil dropped dramatically and, as such, the internet service provider rose.” But he leaves a warning: “At the time, he promised that when the price of oil rises again, the ISP will drop so as not to harm consumers. But he didn’t, he forgot. “

And he went further: “During the times of the Troika, the price of oil was even higher, and prices were lower than today, which is a completely scandalous situation. After all, Passos Coelho and Troika are to blame for everything, but they had a lower price, even though the price of oil was much higher than today. “

Luis Aguiar-Conrariya has a different opinion. “We have to decide whether we want to take climate change seriously, whether we want to seriously reduce pollution or not. Anyone who thinks that we will drastically reduce CO2 emissions, completely transform us in half a dozen years, without negatively impacting economic growth is mistaken. All people are wrong if they think that all this can be done without a strong negative impact on the economy. What we see here is a small illustration of these costs, and we either want to have them or we don’t, ”he said.

Is there a solution?

It was a decision found by the government to try to minimize the impact of the rise in fuel prices, which sparked strong opposition last week. According to our newspaper, several gas stations will be surprised to close their doors if the government reintroduces fuel taxes. And they gave the rationale: “Of the 10 euros, 60% goes to the state, 37% is in the hands of oil companies and about 3% falls on gas companies, which, with this margin, have to pay salaries, rent, among other costs. If the government changes this 3%, it is better to close it, because we no longer have profits, ”said a source linked to the sector (see infographic).

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It is true that the Internet service provider carries a heavy weight in tax revenue. The state has already collected more than € 212,656 million in taxes since 2015 and, according to the proposed state budget for next year, the tax burden on fuel should remain high, while the government is not proposing any changes to the tax on petroleum products (ISP). … And thanks to this tax, revenue is expected to increase by 3%, raising another 98 million euros in 2022.

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Economy

Everything has been delivered. 10 Bugatti Centodieci are already in the hands of the owners

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Everything has been delivered.  10 Bugatti Centodieci are already in the hands of the owners

OAll Bugatti Centodieci have been delivered, the Molsheim-based brand said on Monday. Cristiano Ronaldo received the number 07 in October this year. and Bugatti has now revealed that the latest unit – #10 – is already in the possession of its owner.

“The Centodieci combines all the values ​​of the Bugatti brand in an extraordinary package: rarity, innovation, heritage, craftsmanship and unrivaled performance. The production batch of 10 units was so in demand by our customers that it was sold before the Centodieci. was even officially presented,” said Christophe Piochon, president of Bugatti.

This latest example is finished in Quartz White with carbon fiber trim on the bottom and matte grilles. The brake calipers are painted in Light Blue Sport, as is the logo on the rear that refers to the EB110, the iconic Bugatti model that inspired this Centodieci. Inside, the predominant color is also blue, as you can see in the images above.

This block is powered by the same block as the other nine instances. The 8.0-liter W16 with four turbines is capable of developing 1600 hp. In terms of performance, this allows the Centodieci to hit 100 km/h in just 2.4 seconds and reach a top speed of 380 km/h.

Recall that each unit costs the owners eight million euros before taxes.

Read also: We already know when the Bugatti Centodieci fell into the hands of Ronaldo.

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Economy

The first Dacia hybrid. “The cheapest hybrid family on the market”

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The first Dacia hybrid.  "The cheapest hybrid family on the market"

BUT Dacia revealed this Monday that the hybrid engine has been available since March on the Jogger, the Romanian brand’s model known to be available with a seven-seat variant.

The Jogger Hybrid 140, Dacia’s first hybrid, will hit dealerships in March, but customers can expect and order it as early as January.

The price has been revealed by Dacia and since it’s only available in the seven-seater SL Extreme, it starts at €28,800. The brand claims it is “the most affordable hybrid family car on the market.”

Available in six existing colors to celebrate the launch of this hybrid, there will be a slate gray version, as you can see in the images above.

Equipped with a 1.6 liter four-cylinder petrol engine with 90 hp, the Jogger is also powered by two electric motors (a 50 hp engine and a high-voltage starter-generator). The total power is 140 horsepower. The electric transmission is automatic, four-speed, connected to an internal combustion engine, and two speeds are connected to an electric motor. This combined technology was possible, according to Dacia, only due to the lack of clutch.

Combined with the energy recovery levels of the 1.2kWh (230V) battery pack and the efficiency of the automatic transmission, regenerative braking delivers all-electric traction on 80% of urban journeys and saves up to 40% of fuel compared to a combustion engine vehicle.

Read also: Dual-fuel Dacia Jogger Eco-G. We tried 5 seater and LPG…

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Economy

See how Tesla tests its electric Semi truck in the worst-case scenarios

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Tesla Semi camião elétrico testes

Tesla has finally been able to bring its long-awaited Semi to market. This electric truck promises to revolutionize transportation and bring all the unique characteristics of this type of electric vehicle to this class of vehicles.

Now that the first units have been delivered, there is hope that they will finally be mass-produced and reach more transport companies. With so many promises to be kept, a new video is now emerging showing Tesla testing its Semi truck under worst-case scenarios.


Tesla Semi is already on the market

Like all Tesla electric vehicles, Semi follows the same line of creating a unique design associated with a platform with the most modern technology available. The proof is in what was presented to the public and surprised most people.

To prove the quality of this new proposal, Tesla published in your LinkedIn account new video. In it, he reveals some of the testing he's done to determine the strength and quality of the Semi's design and its (potential) durability.

Tests to prove its durability

It has been revealed that the Tesla electric truck is subjected to numerous tests and its application in the worst scenarios that drivers may face. It doesn't stop at the ruggedness of the Semi's designs, but goes further and focuses on the motors and batteries themselves.

This is the proof that many have been waiting for to ensure that this new proposal is not limited to a lot of autonomy. Its resistance is great and will provide greater durability, further enhancing the Semi's value and performance.

high quality electric truck

Tesla has already showcased the Semi's quality with a video showing its truck driving roughly 500 miles on just one charge. The big news here is that he managed to make this long journey with a maximum load of about 37 tons.

Now Tesla remains to widely place the Semi on the market. At the moment, only a few companies have access to this new product, with a very long list of pending deliveries, who want to start mass-using this electric truck offering.

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