Canada’s Frontier Centre for Public Policy just published a paper by my colleague Stuart Donovan on the case for road pricing. The gist:
Accurate transport pricing not only reduces congestion, it also generates additional revenue to fund investment in additional capacity when and where it is justified by demand. Most importantly, accurate transport pricing is mode-neutral in that it neither discriminates against nor favours any transport mode, although it does favour high-value vehicles, such as buses and emergency vehicles. Accurate transport pricing also allows people the freedom to manage their travel needs in the way that best suits them. Some workplaces, for example, may allow their employees to work flexible hours in order to reduce their transport costs.
PDF here.
