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Congestion pricing

1,182 bytes added, 24 April
Case Studies: Added New York City case study for approved cordon congestion pricing scheme for lower and midtown Manhattan.
[[Category:Investment and planning]][[Category:Finance and revenue]]
[[Image:hotlane.jpg|right|thumb|500px|High-occupancy toll lanes are one form of congestion pricing seen in the US. Source: [https://commons.wikimedia.org/w/index.php?curid=47400327 Famartin (CC BY-SA 4.0)]]]
* '''Los Angeles''' - Metro initially struggled to get legislative approval for HOT lanes on I-10/110, but succeeded with the support of State Senator Mark Ridley-Thomas. The project got off the ground when Metro promised to study the effect on low-income commuters and closely monitor the program.
* '''Orange County''' - Four variably priced express lanes were opened on State Route 91 in 1995. The tolls are changed every three months to account for traffic volumes. Average peak-hour speeds on the express lanes is 60-65 miles per hour, as opposed to 15-20 miles per hour in the general lanes. Not only has the project been financially successful, but it has allowed drivers to travel much more quickly.
* '''New York City (Manhattan) -''' In March 2019, New York Governor Andrew Cuomo approved a state budget that included the approval of congestion pricing in Manhattan, with an expected start date in 2021. New York City will use a cordon pricing scheme that will charge drivers to enter Manhattan below 60th Street. Governor Cuomo deferred decision on many of the other details, including the pricing scheme, to the Triborough Bridge and Tunnel Authority, which is part of the Metropolitan Transportation Administration (MTA).<ref>Hu, W. (2019, April 2). [https://www.nytimes.com/2019/03/26/nyregion/what-is-congestion-pricing.html "Over $10 to Drive in Manhattan? What We Know About the Congestion Pricing Plan]." ''The New York Times''.</ref> Revenue generated from the program will go 80 percent to the MTA's subway and bus network, and 10 percent each to the Long Island Railroad and the Metro-North Railroad.<ref>McKinley, J. and V. Wang. (2019 March 31) "[https://www.nytimes.com/2019/03/31/nyregion/budget-new-york-congestion-pricing.html?module=inline New York State Budget Deal Brings Congestion Pricing, Plastic Bag Ban and Mansion Tax]." The New York Times.</ref>
==References==
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