congestion pricing

American  

[kuhn-jes-chuhn prahys-ing] / kənˈdʒɛs tʃən ˈpraɪs ɪŋ /

noun

1. a policy of reducing excessive traffic by charging motorists a fee to drive a private vehicle into a city center or on busy roads, especially during rush hour.

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Example Sentences

Tens of thousands of full-time ride-hail drivers will struggle with auto debt, while cities try to wield congestion pricing against an adversary with little obligation to share data and considerable power to withhold service for leverage.

From Slate

New York has generated money for mass transit with congestion pricing.

From Slate

In a development that will please readers of Robert Caro’s bridge-and-tunnel history The Power Broker, in which the master planner Robert Moses cleverly locks up toll money in bond contracts, the state’s lawyers note in their filing that they have already issued almost a billion dollars in debt supported by congestion pricing revenue—with another $500 million loan closing at the end of the month.

From Slate

“In the court of popular opinion, we’re seeing more and more people supportive of congestion pricing,” said Kate Slevin, a vice president at the Regional Plan Association.

From Slate

“The idea of congestion pricing was introduced when Penn Station was still standing,” he said.

From Slate