Definition of «congestion pricing»

Congestion pricing is a transportation policy that involves charging drivers for using certain roads or zones during peak traffic periods. The idea behind this concept is to reduce traffic congestion by making it more expensive to drive in busy areas, thereby encouraging people to use alternative modes of transportation such as public transit, carpooling, biking, or walking instead. This can help to alleviate traffic jams and improve the overall flow of vehicles on the road. The revenue generated from congestion pricing can also be used to fund improvements in infrastructure, public transit, or other transportation-related initiatives.

Sentences with «congestion pricing»

  • Although experts generally support congestion pricing plans, many voters see them as imposing a price on something that was previously free (regardless of the wider impact). (shakingnews.com)
  • The governor has also thrown support behind the idea of congestion pricing, which could raise upward of $ 1.5 billion annually for MTA fixes. (amny.com)
  • The technology will provide real - time information for congestion pricing in the managed lanes to maintain 50 mph travel. (transportation.gov)
  • (see all sentences)
a b c d e f g h i j k l m n o p q r s t u v w x y z