On November 20th, we were grateful to be joined by Charles Komanoff, a long-standing expert on congestion pricing, for an engaging and insightful discussion of the soon-be-implemented congestion pricing plan for Manhattan south of 60th Street. Charles walked the group through his dynamic and evolving cost-benefit model, which he uses to analyze the economic and environmental impacts of congestion pricing in New York City. He spoke about how his model accounts for traffic patterns, emissions reductions, increased subway ridership and other equity considerations. His model provides a comprehensive framework for understanding the benefits and challenges of implementing congestion pricing. LAI members left the talk with a deeper appreciation for the nuances of the policy and its expected impacts in one of the world’s busiest (and congested) cities.
