Congestion pricing works – just look at London.
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New York Gov. Andrew Cuomo recently announced a plan to bring congestion pricing to New York City. The goal is to raise money for the city’s crumbling public transit system and reclaim the dangerously busy city streets. But what is congestion pricing, and can it actually solve all our transit woes?
We took a look at London, a city that enacted a congestion charge in 2003, to see some of the benefits. Check out the video above to learn more.
For further reading look to our sister site, Curbed: https://www.curbed.com/
https://www.curbed.com/search?q=congestion+pricing
For information on New York’s potential earnings and benefits:
http://www.hntb.com/HNTB/media/HNTBMediaLibrary/Home/Fix-NYC-Panel-Report.pdf
And a closer look at how much money is wasted sitting in traffic:
http://pfnyc.org/wp-content/uploads/2018/01/2018-01-Congestion-Pricing.pdf
Finally – Check out this article by Nicole Badstuber on how London congestion pricing has started to level out and the plans the city has in place to bring revenue back up:
https://www.citylab.com/transportation/2018/04/londons-congestion-charge-needs-updating/557699/
Note: The headline for this video has been updated since publishing.
Previous headline: How London is fighting its nightmare traffic
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