I-25 HOT lanes Denver
The Denver Channel.com reports that Colorado has received
US$15 million from the US Federal Government as seed funding to enable the
start of the new I-25 HOT lane project. The
total cost of the project is US$44 million, with the state, regional and local
authorities providing the rest. It
comprises additional lanes between route U.S. 36 and 120th Avenue in
Denver. The project is intended to
relieve this very heavily congested stretch of highway by narrowing hard
shoulders in favour of creating a new HOT lane in both directions.
What’s worth noting is that this project isn’t getting funded
because of the toll, but the toll is being used to manage demand on the
road. Certainly, the marginal revenue on
the lanes will be helpful, but the
bottom line is better use of the existing corridor through pricing. Vehicles with two or more occupants,
including buses, will not be charged.
Bali toll road
Jakarta Globe reports that the 11-kilometre toll road linking Nusa Dua to Bali’s Ngurah Rai international airport is expected to be open for traffic in July 2013. The project is expected to cost US$244 million. The concession is held by Jasa Marga Bali Toll for 45 years with tolls expected to range from RP4,000 (US$0.42) - RP10,000 (US$1.06) per vehicle.
University of Missouri study
A study from the University of Missouri suggests tolling
would more equitably allocate costs of road capital and maintenance among road
users compared to fuel taxes according to a report fromForConstructionPros.com . The report
indicates the key equity benefits being that those who use the road the most
pay the most, and that it would far more effectively reflect the wear and tear
the heaviest vehicles impose on the network.
Further evidence that relegates fuel taxes to being an inferior option
if charging road users is meant to reflect equity.
St. Petersburg toll road
Construction Europe reports that finance has been obtained
for the 1.5 billion Euro (US$1.87 billion) next stage of the St Petersburg Western High Speed
Diameter project. The new segment, which
will be tolled, is expected to carry 140,000 vehicles a day.
Norway peak pricing of public transport
OK so it's not road pricing per se, but the Nordic Page is reporting that Ruter - the public transport authority of Oslo and Akershus, is planning to introduce congestion pricing on public transport. The intention is to charge much higher at peak times, where capacity is scarcest relative to demand, but discount during off peak periods when much capacity lies idle.
Given Oslo has had road pricing for some years now, it makes some sense to start applying rational economic principles to public transport pricing, as the key problem with urban transport pricing is that peak demand is typically underpriced on both roads AND public transport. If only a few more cities recognised this, and saw road pricing as a opportunity to think holistically about transport pricing across the board.
Norway peak pricing of public transport
OK so it's not road pricing per se, but the Nordic Page is reporting that Ruter - the public transport authority of Oslo and Akershus, is planning to introduce congestion pricing on public transport. The intention is to charge much higher at peak times, where capacity is scarcest relative to demand, but discount during off peak periods when much capacity lies idle.
Given Oslo has had road pricing for some years now, it makes some sense to start applying rational economic principles to public transport pricing, as the key problem with urban transport pricing is that peak demand is typically underpriced on both roads AND public transport. If only a few more cities recognised this, and saw road pricing as a opportunity to think holistically about transport pricing across the board.
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