Why Traffic Congestion Pricing Fails
27 April 2002 - 11:00am
The technology exists to prevent traffic congestion. We just don't have the political will.
"Traffic costs American taxpayers and drivers an estimated $78 billion annually in lost wages and gasoline. Time-of-day pricing could make a serious dent in this waste. The technology is available, in the form of electronic toll collection and license plate photo identification. But sometimes politics are way behind the science... What's so unpopular about charging more for a service during a period of peak demand?"
Full Story:
Stop and Go
Source:
Forbes, April 27, 2002
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