Saturday, March 03, 2007

Steep Prices Projected for HOT Lanes - washingtonpost.com

Steep Prices Projected for HOT Lanes - washingtonpost.com: "...regional transportation planners estimate that the cost for a rush-hour ride on the optional lanes probably will be far steeper: as much as $1.60 a mile in crowded segments. They estimate that a 21-mile, rush-hour trip from the Pentagon to Prince William Parkway would cost as much as $22.28. A round-trip during peak hours could cost $41.46."

Even though it aligns me with the frightening Reason Foundation, I am all for congestion pricing. (I do totally disagree with Reason Foundation on their position that it's fine to privatize all our roadways as well as all their work on eminent domain.) The toll resources need to go back to government to pay for the infrastructure as well as ideally to pay for better transit for the general public at large, particularly those who have no financial means to pay for the HOT lanes. The NYT had an interesting article on the topic recently that lays out the basic theory on it. NYT also had a sort-of-silly article about the U.S. and France refusing to pay for congestion pricing in London center.

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