Congestion Pricing in Sweden
Today's Wall Street Journal has an article on congestion pricing in Stockholm. Before you dismiss this as some crazy socialist experiment read the following details from the WSJ:
- Fees vary depending on time of day. For example, between 6:30 p.m. and 6:29 a.m., drivers can drive into Stockholm at no charge. However, fees are imposed during the rest of the day and peak during rush hour:
6:30 a.m. to 6:59 a.m.: $1.38
7:00 a.m. to 7:29 a.m.: $2.07
7:30 a.m. to 8:29 a.m.: $2.76
8:30 a.m. to 3:29 p.m.: $1.38
3:30 p.m. to 3:59 p.m.:$2.07
and so on
- The Swedish government contracted with IBM to implement the system. Cars are tracked by reading license plates or by transponders.
- Traffic decreased by 22%.
- Accidents involving injuries fell by 5% to 10%
- Commute time during rush hour decreased by about one third.
- Use of all forms of mass transit increased by 6% and ridership on inner-city bus routes increased by 9%.
To read the article, click here
Transportation reform is just as important as tax reform and education reform, and congestion pricing is a critical part of transportation reform. Congestion pricing encourages efficient use of transportation infrastructure which in the long run will allow the state to slow the growth in transportation expenditures.
The Utah Taxpayers Association has been advocating for the following transportation/transit reforms:
1. Prioritization of transit and transportation projects based on cost effectiveness of alleviating congestion (this would be ONE single list, not two separate lists).
2. Funding transit and transportation in one budget, not two, which forces projects to compete against each other based on prioritization.
3. Issuance of large bond to purchase transportation corridors for roads to be built in the next ten to twenty years.
4. Implementation of congestion pricing on new/expanded state highways.