#8. Congestion Pricing
Whether it's water, energy or Hannah Montana tickets, the best way to
encourage efficient use of a commodity is by putting the right price on it.
Ditto for driving. Cities around the world including London and
Singapore have adopted congestion pricing, which seeks to reduce car
use by charging drivers to use the most heavily trafficked inner urban
streets. Car-loving America has avoided the policy, until this year, when
New York Mayor Michael Bloomberg announced that he would bring congestion
pricing to the most gridlocked area in America: Manhattan. Bloomberg's plan,
part of a long-term sustainability blueprint for the city called PlaNYC,
would charge cars $6 to enter the busiest parts of Manhattan between 6 a.m.
and 6 p.m. on a weekday. If he pulls it off, congestion pricing could help cut
carbon dioxide levels and New York's sky-high asthma rates and perhaps
more importantly, show other American cities the way to go.
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