Friday, January 7, 2011

Road Pricing - LA

I've talked about high occupancy/toll lanes or HOT lanes in the past and how governments in the US are using them to manage congestion on their road systems. HOT lanes use free-market thinking to price roads to manage congestion. In the Greater Los Angeles area, they already have success with HOT lanes or what they call ExpressLanes in Orange County. The 91 Express Lanes are priced between $1.30 and $9.95 depending on the time-of-day. As part of a special federal grant, Los Angles County will be implementing ExpressLanes on the I-10 and I-110 corridors. As well as implementing road pricing, they will also be beefing up transit. Metro, the regional transportation authority, has a great video that explains the concept of HOT lanes and Metro implementation plan. It's worth the watch.

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