Lam Ming-fung urges resumption of fuel subsidies; Tse Chin-wan: retail diesel prices to be handled under fare and vessel charge adjustment mechanism

Secretary for Environment and Ecology Tse Chin-wan replied to a written question from Legislative Council member Lam Ming-fung of the transport functional constituency, saying the more prudent approach is to follow the existing fare or vessel charge adjustment mechanism, with the government taking an integrated view of operators' operating environment, cost changes and the public's affordability. The diesel subsidy scheme for public or commercial vehicles and vessels, introduced in response to oil price volatility caused by the Middle East conflict, ended on June 30. He said he would continue to communicate with operators to explore measures for increasing revenue and reducing expenditure.