TIME FOR A NATIONAL FOCUS ON FREEWAY CONGESTION
In this article, the author makes the case for a national focus on freeway congestion, an extensive problem that is causing billions of dollars in wasted time and fuel. The author reports on a successful program in California (SR 91 Express Lanes and I-15 Express Lanes) that used value pricing as a strategy to keep lanes free-flowing at the busiest rush hours; on any given day, significant numbers of people are willing to pay a premium price for much-improved mobility. Indeed, the SR 91 project demonstrated that the revenues from such pricing, at least in that case, could cover the cost of building and operating brand-new urban freeway lanes. The author also reports on a study the suggests a combination of variable pricing lanes with express bus service (also called BRT, bus rapid transit); data shows that toll revenue bonds could pay for between 43% and 93% of the projected costs to build these type of networks. The author concludes by listing specific suggestions for the implementation of high occupancy toll (HOT) lanes.
-
Availability:
- Find a library where document is available. Order URL: http://worldcat.org/oclc/19598638
-
Corporate Authors:
Public Works Financing
147 Elmer Street
Westfield, NJ United States 07090-2433 -
Authors:
- Poole, R W
- Publication Date: 2004-12
Language
- English
Media Info
- Pagination: p. 22-23
-
Serial:
- Public Works Financing
- Volume: 189
- Publisher: Public Works Financing
- ISSN: 1068-0748
Subject/Index Terms
- TRT Terms: Bus and high occupancy vehicle facilities; Bus rapid transit; Cost recovery; High occupancy toll lanes; High occupancy vehicle lanes; Traffic congestion; Variable tolls
- Geographic Terms: California
- Subject Areas: Finance; Highways; Operations and Traffic Management; Public Transportation; I10: Economics and Administration;
Filing Info
- Accession Number: 00986517
- Record Type: Publication
- Files: TRIS
- Created Date: Feb 14 2005 12:00AM