In the News
Paris Votes to Triple Car Parking Charges for SUVs
5th February 2024
An extra intervention to address the externalties from traffic congestion. Citizens in Paris have voted to triple car parking charges for SUVs and it will be interesting to see the impact on demand.
The new parking tariff will also apply to electric cars of two tonnes or more. There has inevitably been a vitriolic response from motorists' lobby group representing SUV owners. But my sense is the tide is turning and the pro-active policies and investment made by Mayor Hidalgo in Paris are timely and essential to meet the environmental challenges.
Other European cities are taking a lead - more here from the Guardian:
Bollards and ‘superblocks’: how Europe’s cities are turning on the car
Geoff Riley
Geoff Riley FRSA has been teaching Economics for over thirty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD conferences in the UK and overseas.
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