New York Governor, Kathy Hochul, recently rescinded her promise to implement a congestion pricing system.
The proposal would have charged most drivers $15 for entering Manhattan’s densely populated core.
Hochul cited concerns that congestion pricing would hamper Manhattan's post-pandemic economic recovery.
The cancellation of congestion pricing threatens significant efforts to improve New York's environment and quality of life.
The revenues generated by congestion pricing would have critically added to the capital budget of the Metropolitan Transportation Authority.
Hochul has not proposed a serious plan to replace this anticipated revenue.
Despite protests, data suggests that congestion pricing has been successful in cities like London and Stockholm.
Conclusion: It is crucial that Hochul reverses her decision and reinstates the congestion pricing system, given its potential to improve the quality of life, environment, and economy of New York.