Something For Your Money?
This article reports on how public perception and new technology will change the face of future highway tolling. For years, many countries have resisted mandating tolls for motorists because the state provided funding for road construction. Some European countries and China have learned, however, that tolled roads provide a faster way of funding road construction rather than having to wait for government funding. The European Union Commissioner for Energy and Transport has planned for a free-flow tolling system, which connects already existent tolling networks, using a single charging device, based on microwave technology. Such a system will suffice until the Galileo satellite network comes on stream in 2008. The mayor of London pledged to introduce congestion charging in central London. The three-lane motorway, scheduled to open in early 2004, will offer shorter travel times and will save business billions of pounds annually by reducing wasted work hours, enhance fuel efficiency, and renew commitment to delivery times. There is a debate in the United States on the future growth of tolling, with some people calling for a repeal of federal restrictions on tolling. Such easing of half-century-old restrictions could enable road builders to get the funds they need through the tolls while accommodating the Bush administration's stance against higher taxes. Tolls, as a user-pay system, are ways to measure public demand for new highway investment and their willingness to pay for such services. Variable tolls can help with optimizing traffic flow.
- Find a library where document is available. Order URL: http://worldcat.org/issn/09644598
- Publication Date: 2003-9
- Media Type: Print
- Features: Photos;
- Pagination: pp 27-28
- TRT Terms: Congestion pricing; Financing; Legislation; Repeal; Road construction; Road pricing; Satellite navigation systems; Toll collection; Toll roads; Travel time; User charges
- Identifier Terms: Galileo satellite navigation system
- Uncontrolled Terms: Cost savings
- Geographic Terms: China; European Union countries; London (England); United States
- Subject Areas: Finance; Highways; Law;
- Accession Number: 01011021
- Record Type: Publication
- Files: TRIS
- Created Date: Nov 29 2005 12:57PM