Not knowing New York politics, I assumed that the city council’s approval of Mayor Bloomberg’s congestion pricing plan would carry the day in Albany. Not so. The plan just died in the state assembly, with opinions among Democratic assembly-members running roughly four-to-one against—a resounding defeat.
Sorry to get everyone’s hopes up. I guess we’ll just have to keep our eyes trained on Europe for a while longer.
MVP says:
I’ve never been to New York, but I did live in Singapore for 7 years where I witnessed firsthand its successful implementation of the congestion pricing scheme.
Over on Gristmill, Charles Komanoff offers “10 reasons NYC’s congestion pricing plan went belly up.” It’s an insightful look into the complexity of this seemingly simple issue, there.