Exploring the feasibility of tradable credits for congestion management
Open Access
- 16 February 2021
- journal article
- research article
- Published by Taylor & Francis Ltd in Transportation Planning and Technology
- Vol. 44 (3), 246-261
- https://doi.org/10.1080/03081060.2021.1883226
Abstract
Tradable credits for congestion management are a novel policy concept that is receiving increased interest in transportation research. This interest is mainly driven by the belief that the concept can count on stronger social support and hence has a better prospect for implementation than charging-based instruments. This paper is the first to provide an analysis of the social, political, economic and technical feasibility of this concept. To this end, policymakers and researchers from the field of transport have been interviewed. The results reveal so many barriers and challenges in the social and political context that some seem insurmountable, which exposes a difference with expectations formulated in the literature. We reflect on possible options to overcome or avoid barriers but conclude that the concept of tradable peak credits lies very far from the current way of thinking about road use and seems unable to compete with more established charging schemes.This publication has 31 references indexed in Scilit:
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