9th November 2018
91 Express Lanes in California and other examples of the private sector solving the traffic/congestion problem
Traffic congestion is PURE socialism. Just like the queues for bread in USSR.
The private sector can solve this very easily – if only we allow it to do so.
THIS IS A PLACEHOLDER POST, with more info to be added as I find time.
“In 1995, a private road company added two lanes in the middle of California Highway 91, right where the median strip used to be. It then used â€œcongestion pricingâ€ to let some drivers pay to speed past rush-hour traffic. Using the principles of supply and demand, road operators charge higher tolls at times of day when demand is high. That encourages those who are most in a hurry to pay for what they need. â€¦
for years there was a gap in the ring road surrounding Paris that created huge traffic problems. Then private developers made an unsolicited proposal to build a $2 billion toll tunnel in exchange for a 70-year lease to run it. They built a double-decker tunnel that fits six lanes of traffic in the space usually required for just two. The tunnelâ€™s profit-seeking owners have an incentive to keep traffic moving. They collect tolls based on congestion pricing, and tolls are collected electronically, so cars donâ€™t have to stop. The tunnel operators clear accidents quickly. Most are detected within 10 seconds â€” thanks to 350 cameras inside the tunnel. The private road has cut a 45-minute trip to 10 minutes.” [Source]