Pay-as-you-drive pricing in British Columbia: backgrounder
Pay-As-You-Drive (PAYD) pricing means that a vehicle's insurance premiums and registration fees are based directly on the amount it is driven. PAYD is an innovative, fair, cost-effective, easy way to increase transport system efficiency, providing many environmental, social and health benefits. PAYD pricing is particularly appropriate in British Columbia (BC), Canada, as an emission reduction strategy. As opposed to many other approaches, it has no technological, financial or practical barriers, and could be implemented in time to help meet Kyoto targets. This short paper describes PAYD, summarizes its history in BC, and describes how PAYD pricing can help achieve provincial objectives.
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Supplemental Notes:
- This report is updated periodically while the text remains available at the URL indicated above. The actual date of publication, pagination, and other features may differ from that indicated in this record.
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Corporate Authors:
Victoria Transport Policy Institute
Victoria, British Columbia Canada -
Authors:
- Litman, T
- Publication Date: 2007-10
Language
- English
Media Info
- Pagination: 10p
Subject/Index Terms
- TRT Terms: Air quality management; Automobile insurance; Automobiles; Economics; Environment; Registration; Vehicle miles of travel; Vehicles
- Uncontrolled Terms: Planning and Environment
- Geographic Terms: British Columbia, Canada
- ATRI Terms: Car; Emissions control; Environment; Insurance; Transport economics; Vehicle kilometre; Vehicle registration
- Subject Areas: Economics; Vehicles and Equipment;
Filing Info
- Accession Number: 01385002
- Record Type: Publication
- Source Agency: ARRB
- Files: ATRI
- Created Date: Aug 22 2012 6:28PM