London Transport's Report On Congestion Pricing

22 November 2003 - 1:00pm

Now six months into its congestion pricing experiment, Transport for London issues its report on Congestion Charging.

Among the results: There are now 50,000 fewer cars entering central London every day, a drop in traffic of 16%; Because traffic is moving more freely, car journeys in the zone are now 14% quicker than they were before the charge; Congestion in the zone has dropped by around 30% -- congestion is now lower than at any stage since the mid-1980s; Although the net revenues from the scheme are less than anticipated, over £68million in net revenues will be raised in 2003/04 and £80million to £100million in future years for reinvestment in further transport improvements.

Source: Transport For London, November 20, 2003
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Maybe we should blame Thomas Jefferson. He was the godfather of the urban sprawl racket in America.