Template-Type: ReDIF-Paper 1.0
Author-Name: Colin Green
Author-Name-First: Colin
Author-Name-Last: Green
Author-Name: John Spencer Heywood
Author-Name-First: John Spencer
Author-Name-Last: Heywood
Author-Name: Maria Navarro Paniagua
Author-Name-First: Maria
Author-Name-Last: Navarro Paniagua
Title: Did the London Congestion Charge Reduce Pollution?
Abstract: We examine the London congestion charge introduced in 2003 and demonstrate significant reductions in a number of pollutants relative to controls. We even find evidence of reductions per mile driven suggesting amelioration of a congestion externality. Yet, we find a robust countervailing increase in harmful NO2 likely reflecting the disproportionate share of diesel vehicles exempt from the congestion charge. This unintended consequence informs on-going concern about pollution from diesel based vehicles and provides a cautionary note regarding substitution effects implicit in congestion charging schemes.
Creation-Date: 2018
File-URL: http://www.lancaster.ac.uk/media/lancaster-university/content-assets/documents/lums/economics/working-papers/LancasterWP2018_007.pdf
File-Format: application/pdf
Number: 237385060
Classification-JEL: I18, R48, H27
Keywords: Pollution, Traffic, Congestion Charging
Handle: RePEc:lan:wpaper:237385060