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Fishkind Conversations: Congestion Pricing Solution To Traffic Woes?

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I-4 File Photo By WMFE

Traffic congestion is one of the most vexing problems we face. It can frazzle nerves and sometimes add hours to the commute.

Economic analyst Hank Fishkind tells 90.7’s Nicole Darden Creston the problem is excess demand, and the solution lies in congestion pricing.

Click the Play Audio button to hear the conversation.

“Imagine that every vehicle on every roadway had a transponder that would price every trip depending upon the time of day, depending on the route,” says Fishkind.

Congestion pricing is used on express lanes on I-95 in South Florida with higher prices at rush hour and lower prices other times.

“You really see the effect when you’re driving along, at least for that part of the roadway system.”

Fishkind says for congestion pricing to work, as it has in London, some of the proceeds must be invested in public transportation solutions.

“This would include, but not be limited to… subsidies for companies like Uber or Lyft, but not for single passengers but multiple passengers, and to support all of our public transportation systems.”

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Matthew Peddie

About Matthew Peddie

Host of WMFE's Intersection & Assistant News Director

Matthew Peddie grew up in New Zealand and studied journalism at the University of Western Ontario. After graduating with an MA in Journalism he returned to Christchurch, working as a reporter for Radio Live and Radio New Zealand. He’s reported live from the scene of earthquakes, criminal trials and rugby ... Read Full Bio »