What is road pricing?
💷 Road pricing is the proposed replacement of current taxes (such as Vehicle Excise Duty) and tolls (such as the Central London Congestion Charge) with a simple per-mile price to drive.
What are the benefits?
🚗 Road pricing is fairer because the less you drive, the less you pay. If you don’t drive at all you don’t pay anything.
⌛ If you drive only occasionally (or have a second car used infrequently) you could pay much less than currently. People who drive the most (causing the most congestion) or in older more polluting cars will pay more.
🚇 The money raised from road pricing can be used to improve public transport or make it cheaper to use.
🚶 Road pricing can be used to reduce the number of vehicles on the road, reducing air pollution and congestion for everyone as well as making walking and cycling safer.
How will it work?
🕰️ Pricing can vary by time of day, where people drive and what kind of car they drive. The technology for road pricing already exists. The number of miles travelled can be recorded by either a device in the vehicle (which could be a smartphone) or using CCTV cameras which can read license plates.
🚲 Pricing can be used to encourage good behaviours like walking and cycling more, using an electric car or keeping away from places prone to congestion. Money raised from road pricing could be kept locally and spent on priorities for Londoners like cheaper public transport fares.