Bailout

The congestion pricing debate

By Felix Salmon

I recorded a lively sit-down discussion today with Charles Komanoff, the subject of my Wired article; Reihan Salam; Skymeter CEO Kamal Hassan; and Corey Bearak of Keep NYC Free. We were safely ensconced in Reuters’s fourth-floor studio overlooking the traffic of Times Square, and the full talk should be available on Friday. But here’s a couple of teasers, courtesy of Hassan: firstly, might it be possible to implement a de facto congestion-pricing scheme using only parking fees, with no fees for driving? Is that the way Chicago is headed? And secondly, did you know that after London implemented its Congestion Charge, subway ridership went down, rather than up?

Here’s a video promo for the debate:

Full post as published by Macroprudential on June 02, 2010 (boomark / email).