Hong Kong to Raise Subsidies to Replace Polluting Vehicles

Hong Kong will offer HK$12 billion ($1.5 billion) in subsidies to replace old diesel vehicles, a 20 percent increase from an initial proposal, to clean up its smoggy streets.

The increase from HK$10 billion for vehicle owners was made after consultation with the industry, Christine Loh, the city’s undersecretary for environment, said today. The money will be used to “clean up the dirtiest vehicles,” she said.