No congestion pricing for NYC

Mayor Michael R. Bloomberg said yesterday that he was not considering any plan for congestion pricing, which would charge drivers for entering the most heavily traveled areas of Manhattan at the busiest times of day. “It’s not on our agenda to look at it,” Mr. Bloomberg told reporters before marching in the annual Veterans Day parade along Fifth Avenue. “The city is always trying to solve traffic problems, and we’ll continue to do that, but congestion pricing is not something that we’re talking about.” The Partnership for New York City, a leading business association, has been looking into congestion pricing along with other ideas to improve traffic flow since the spring. Congestion pricing would create a financial incentive for drivers to carpool or use mass transportation. While raising revenue for the city, it could reduce delays and improve air quality. Advocates of congestion pricing have pointed out that a similar approach has worked successfully in London and elsewhere.

Article here.