Monday, August 11, 2008

Congestion Pricing Re-emerges in NYC

Congestion pricing may be back on the table in New York City, according to a New York times article, M.T.A. Shortfall Renews Talk of Congestion Pricing. A transportation funding crisis and the need to fund mass transit are leading New York policymakers to reconsider an earlier plan to implement congestion pricing in Manhattan.

According to the article, Mayor Bloomberg has said that he sees no alternative. “Congestion pricing will come, in New York and lots of other cities, because it is the only way where you were going to do the two things that you need to do: reduce people driving and find money for mass transit,� the mayor told reporters at the National Conference of State Legislatures in New Orleans last week.

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