No, I'm saying that BSOG is the ONLY subsidy; in practice, it's a refund of part of the fuel duty that bus companies already pay. I think I read in The Journal last week that it only accounts for about 5% of bus costs; I seem to recall a Tyne and Wear figure of about £12 million before it was cut by 20%, which would make it about £9.6 million today. Railways and airlines don't pay any fuel taxes - now that's a huge subsidy!

Green Bus Fund isn't really a subsidy to bus operators - it's a subsidy to the manufacturers of green buses. The bus companies get part (but not all) of the difference between the cost of a diesel bus and the cost of the green bus, so the maths of the bus company's investment case stays about the same. The other beneficiaries, though, are the local people who get better air quality as a result.