Congestion Pricing

Growth or Gridlock?

This morning, the Partnership for New York City publicly released its long-awaited study, Growth or Gridlock: The Economic Case for Traffic Relief and Transit Improvements for a Greater New York. London's congestion charging initiative was kick-started, in large part, by a similar report published by London First, that city's version of the Partnership. From today's report:

By Aaron Naparstek

5:01 PM EST on December 4, 2006

This morning, the Partnership for New York City publicly released its long-awaited study, Growth or Gridlock: The Economic Case for Traffic Relief and Transit Improvements for a Greater New York. London’s congestion charging initiative was kick-started, in large part, by a similar report published by London First, that city’s version of the Partnership. From today’s report:

Looking at just a limited set of costs and industry sectors and using very conservative assumptions, economists assisting the Partnership in the preparation of this report were able to identify more than $13 billion in annual costs to businesses and consumers, billions in lost economic output and tens of thousands of lost jobs that result from severely overcrowded conditions on the region’s streets and highways. Every year, these losses will grow if something is not done to reduce the number of vehicles moving through the region during the peak periods.

Download the report here (PDF).

Aaron Naparstek

Aaron Naparstek is the founder and former editor-in-chief of Streetsblog. Based in Brooklyn, New York, Naparstek's journalism, advocacy and community organizing work has been instrumental in growing the bicycle network, removing motor vehicles from parks, and developing new public plazas, car-free streets and life-saving traffic-calming measures across all five boroughs. He was also one of the original cast members of the "War on Cars" podcast. You can find more of his work on his website.