The city’s cordon pricing scheme did not affect how much people spent at local businesses, new research finds.
London’s congestion pricing zone, known as the Ultra Low Emission Zone (ULEZ), has not economically harmed local businesses, according to new research.
In an analysis of credit card transactions within the zone, “The 2023 trend line does not fall below the 2022 one: there was no above–expected negative spending effect caused by ULEZ’s expansion.”
According to a post in Centre for Cities by Oscar Selby, “So far, card transaction data does not suggest that ULEZ is harming high street spend. This should reassure policy makers in London, who committed to the emission zone a while ago, and strengthen the convictions of policy makers in New York who are now following suit.”
Meanwhile, the public health and transit benefits are clear, both in London — “London has the worst air quality of any UK city and the capital’s emission zone is helping to change this” — and, more recently, in New York, where the congestion pricing program’s first week yielded faster bus commutes and reduced congestion.
FULL STORY: ULEZ expansion hasn’t hurt high street spending
USDOT Revokes Approval for NYC Congestion Pricing
Despite the administration’s stated concern for the “working class,” 85 percent of Manhattan commuters use public transit to enter the city.
NYC Congestion Pricing Reduced Traffic in its First Week
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Multiple Lawsuits Aim to Save NYC Congestion Pricing
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San Diego to Rescind Multi-Unit ADU Rule
The city wants to close a loophole that allowed developers to build apartment buildings on single-family lots as ADUs.
The VW Bus is Back — Now as an Electric Minivan
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Has President Trump Met His Match?
Doug Ford, the no-nonsense premier of Canada's most populous province, Ontario, is taking on Trump where it hurts — making American energy more expensive.
USDOT Eliminates Environmental, Equity Considerations
A new memo rescinds Biden-era regulations that prioritized renewable energy, accessibility, and equity for historically disadvantaged communities.
Study: Drops in Transit Ridership Linked to Extreme Weather
Unsurprisingly, people are less likely to use transit during extreme weather events, which are becoming more common around the country.
Washington State May Cap Rent Increases at 7 Percent
House Bill 1217 was passed by the House and will move next to the state Senate.
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