A closer look at what’s next for congestion pricing
The event kicked off with a presentation from John Tapogna, president of ECONorthwest, on a report they recently completed for UBER in Seattle, on potential impacts of congestion pricing.
Before getting into the data, attendees heard a brief overview of the history of tolling and congestion pricing and the difference between the two terms. John defined tolling as, “a charge payable for permission to use a facility,” while congestion pricing is defined as a charge payable for permission to use a facility that is sensitive to the vehicle’s contribution to congestion at a particular time.”
To learn more about the “Fair and Efficient Congestion Pricing for Downtown Seattle” report presented by ECONorthwest, click here to download a PDF of the report.
The second half of the event comprised of a lively discussion with regional transportation leaders, President Lynn Peterson of Metro Council, Daniel Malarkey, senior fellow of Sightline Institute, and Marshall Runkel, chief of staff for Commissioner Chloe Eudaly, about the regional impacts of congestion pricing.
Why should the business community care about congestion pricing? Daniel Malarkey of @Sightline says we have the tools now to get better use of our infrastructure. A price signal would dramatically improve that. #pbaevents pic.twitter.com/blFnNcqkyS— Portland Business Alliance (@PDX_BizAlliance) September 18, 2019
Marshall Runkel points out that lower income people are already paying a congestion price, from higher real estate values pushing them out, to higher gas prices making it more expensive for them to travel in and out of the city. #pbaevents pic.twitter.com/yqjbuBMW1m— Portland Business Alliance (@PDX_BizAlliance) September 18, 2019
For more on the discussion, head to our Twitter feed @PDX_BizAlliance to see what you missed.
Interested in joining the conversation? Members are invited to join our policy-agenda committees. A full listing can be found here.
Join us in October where we’ll talk about Shaping the Future of the Cannabis Industry in Oregon, a panel discussion moderated by OPB Business Reporter Kate Davidson.