By implementing practical market reforms that discourage car trips, cities can solve traffic problems and improve air quality.
Two papers released by the Victoria Transport Policy Institute refute the common held belief that environmental regulation has a negative impact on economic development, asserting that smart transportation demand management strategies can in fact can help increase consumer choice and stimulate economic development while meeting emission reduction targets.
These "win-win transportation solutions" emphasize "cost-effective, technically feasible market reforms" that remove the "market distortions that encourage inefficient travel behavior," including pay-as-you-drive pricing, higher fuel taxes, and intelligent parking and road pricing.
