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HK$10b scheme to dump dirty trucks beefed up

Subsidies to owners of polluting diesel vehicles may be raised to 40pc of cost of replacement

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Subsidies to owners of polluting diesel vehicles may be raised to 40pc of cost of replacement.

The government has hammered out a revised HK$10 billion-plus scheme with beefed-up subsidies to get fleet operators to phase out pre-Euro IV commercial diesel vehicles.

The scheme will be tabled to the legislature for discussion on October 2.
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Transport sources said the Environment Bureau would increase not just the amount of subsidies given to the operators but also improve how the subsidies were granted.

They said that under the revised scheme there would no longer be a distinction between operators who wanted to scrap their vehicles and those who wanted to replace them.

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Both are expected to get the same subsidy, depending on the emissions standards of their vehicles.

The maximum subsidy also might be increased from 30 per cent to up to 40 per cent of the vehicle's replacement cost.

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