Hong Kong should not renew the HK$3 per litre diesel subsidy when it expires at the end of June. Instead, it should use the funds to launch a crash programme to accelerate electrification of public transport, starting with the minibus fleet. The crisis in the Middle East has had a serious impact on fuel prices. In response, a government task force has recommended a package of measures to provide temporary relief, including the diesel subsidy to be paid directly to local fuel companies and a 50...