London Congestion Pricing: An Expensive Success
19 February 2003 - 8:00am
The first day of the world's biggest congestion pricing experiment looks like a success. Will North American cities follow the example?
"The [central London congestion pricing plan's] first day saw a 25% reduction in traffic in central London, partly due to the half-term school holiday... Preliminary figures indicate up to 10,000 drivers did not pay the fee and the mayor said the first congestion charge fines would be landing on doorsteps by the end of the week... In a year, London is expected to make £130m from the charge, including £90m for improving bus services and £4m for creating safe walking routes to schools. "
Full Story:
Livingstone hails congestion charge
Source:
BBC News, February 18, 2003
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Areas well-served with public transit and nearby jobs and services simply require less travel because residents have the option of walking, riding a bike, taking public transit, or driving.
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