Implications for the United States
Edited by Harry W. Richardson and Chang-Hee Christine Bae
Chapter 8: The London Congestion Charging Scheme, 2003–2006
Georgina Santos* 1 INTRODUCTION In this chapter the London Congestion Charging Scheme (LCCS) is assessed. A brief overview of how the scheme works is given in Section 2 and a summary of its impacts on traﬃc in Section 3. With information and data from Transport for London demand elasticities are estimated in Section 4 and the area marginal congestion costs in Section 5. Finally, a description and potential impacts of the Western Extension are presented in Section 6. Section 7 concludes. 2 HOW THE LONDON CONGESTION CHARGING SCHEME WORKS The LCCS, designed and managed by Transport for London (TfL), was implemented on 17 February 2003 and is essentially an area licensing scheme. It was designed and managed by Transport for London (TfL), and is essentially an area licensing scheme. All vehicles entering, leaving, driving or parking on a public road inside the zone between 7:00 am and 6:30 pm Monday to Friday, excluding public holidays, must pay a congestion charge. This was initially £5, but on 4 July 2005 it was increased to £8. Traﬃc signs make it clear where the limits of the charging zone are. Figure 8.1 shows the limit of the area, the inner ring road, which runs along Euston Road, Pentonville Road, City Road, Old Street, Commercial Street, Tower Bridge Road, New Kent Road, Kennington Lane, Vauxhall Bridge Road, Park Lane, Edgware Road and Marylebone Road. No charge is made for driving on the inner ring road itself. The charging area is...
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