Re:American Air’s $1 Price Target at Evercore Implies 92% Co...
by cymbeline on Tuesday May 05, 2020 @09:19AM
(#23079699)
Yes! Tolls are making traffic in a lot of European cities a lot more manageable, and vastly improving air quality. Correctly pricing automobile travel is the only way we can offboard our cities from the insane externalities of single-occupant vehicles (not just air pollution, but all that valuable urban real estate wasted on parking spots and roads [0]).
[0] In normal times, 80% of commuters get to Manhattan via transit. ~1,500 rail passengers enter Manhattan’s central business district every six seconds between 8–9AM.
Trying to cram all those Manhattan-bound train riders into cars (or AVs) would be impossible. You’d need 324,000 more vehicles to accommodate them, and 100 new bridges or tunnels. [1]
[0] In normal times, 80% of commuters get to Manhattan via transit. ~1,500 rail passengers enter Manhattan’s central business district every six seconds between 8–9AM.
Trying to cram all those Manhattan-bound train riders into cars (or AVs) would be impossible. You’d need 324,000 more vehicles to accommodate them, and 100 new bridges or tunnels. [1]
[1] https://nyc.streetsblog.org/2009/08/10/what-if-everyone-drov...