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U.K. Moves Closer to Scrappage Scheme
The British government is expected to finalize a scheme by July 31 that would pay owners as much as £2,000 ($2,600) to scrap old cars and buy cleaner-running new ones, Reuters reports.
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The British government is expected to finalize a scheme by July 31 that would pay owners as much as £2,000 ($2,600) to scrap old cars and buy cleaner-running new ones, Reuters reports.
The environment ministry says the plan must be capable of targeting the most highly polluting vehicles, enable local authorities to manage the program and include built-in safeguards against fraud.
The government also says it would back the plan by establishing clean-air zones where operators of the highest-polluting vehicles would pay a fee to enter. The environment ministry says it could take three years to fully implement the plan.
Observers predict the scheme will accelerate the decline in demand for diesels, whose sales plunged 27% in the U.K. last month—twice the pace of gasoline-fueled vehicles, according to the Society of Motor Manufacturers and Traders.
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