Congestion pricing isn’t new: London has had it since the beginning of the 21st century, and Singapore had it before that.
What is new is that New York City recently embarked on an exercise in Congestion pricing, and after a year, the results are in. How good are the results? Well, traffic is faster, transit use is up, and quality of life has improved. All in all, it’s looking pretty successful.
It didn’t get much notice in the piece on NYC, but I suspect air pollution also was decreased. After all, Paris has reduced its air pollution by 50%, and part of that was reduction in cars in the city.
If anyone says congestion pricing doesn’t work, show them some of those pieces. For more on congestion pricing in NYC, read this.
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