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2014-10-22 | video

Environmental Policy Lecture 10 part 3

Policy Instruments 10 part 3

Professor Sterner starts part 3 by discussing congestion pricing, and mentions the fact that when you take the car when there is a lot of traffic not only are you delayed by the traffic but you also waste more gasoline than you would have if there were no congestion and you also delay maybe a thousand other people by some second due to your decision of taking the car. So what are the social costs? And what are the effect of congestion taxes?

Why have a simple fare when entering the city, which can be unfair and surely a car that drives around in the city the hole day has a larger impact than a car just entering and parking. So why not have gps’s connected to taximeters? The technology already exist in taxicabs.