Home > Views > Blogs > Market Movers > New York's Congestion Charge: The $8 Proposal
EMAIL
PRINT
RSS
SHARE
TEXT SIZE:
SHARE
Send a copy to me

Separate multiple email addresses (max 20) with commas.

0/1500
Letters are not case-sensitive, disregard spaces.
captcha image
Try a New One
This helps us prevent automated registrations and spamming.

Main
When Sovereign Wealth Funds Invest f...   Payrolls: Ignore Them If You Can
Jan 31 2008 4:24PM EST

New York's Congestion Charge: The $8 Proposal

Aaron Naparstek has details of the Traffic Congestion Mitigation Commission recommendation with respect to NYC's congestion charge. It differs from the original Bloomberg proposal in a number of respects, and I have to say I like it: it's much simpler, for starters, charging cars only when they enter a zone south of 60th Street rather than trying to keep track of all cars once they enter the zone.

The plan also involves hiking on-street parking meter rates, which is a vital part of dissuading drivers from entering the CBD in the first place. The congestion charge under this scheme is $8, to be paid by any car entering the zone between 6am and 6pm on a weekday. Simple, easy to understand, effective. Let's do it!

See more in

Loading...

Add Your Comment

Required fields are marked with an asterisk (*)
Add a comment

Recent Blog Posts

Archive

Previous
Aug
2008
Next


Also in Portfolio.com
Most Read
Most Emailed
Recently Commented