Contributor Blog
Todd Litman is the executive director of the Victoria Transport Policy Institute.
Economic Principles Still Apply
It turns out that the “law of demand” (the tendency of higher prices to reduce consumption) and the principles of urban economics (that improved accessibility increases land values) still apply. If we are smart, we can use these to help solve problems and benefit consumers.
Celebrate (Transportation) Diversity!
Every person is unique. Every day is unique. Every trip is unique. As a result, an efficient and equitable transportation system must be diverse, so people can choose the best option for each trip. For example, today you might prefer to walk or bicycle, but tomorrow find it best to use public transit or drive.
Smart Transport Emission Reductions
Last week I attended the NREL Energy Analysis Forum, where leading North American energy analysts discussed current thinking concerning greenhouse gas emission reduction strategies, much of which involves emission cap and trade programs (as summarized in the report by Resources for the Future, "Key Congressional Climate Change Legislation Compared"). Similarly, a recent report, "Reducing U.S. Greenhouse Gas Emissions: How Much At What Cost" evaluates emission reduction strategies according to their cost effectiveness.





