Thus you could use setbacks as firebreaks, firewalls, or say something exotic like aerogel barricades.
The goal is to make it so that views of Vancouver's mountains are reasonably accessible by anyone, not just those that purchased a north facing suite in a tall condo tower.
It's pretty much the same underlying concept as why we create public parks.
The view cones are scattered around and are usually tied to areas of heavy public pedestrian activity, such as parks.
The policy is very popular.
https://vancouver.ca/home-property-development/protecting-va...
As a counter, Seattle doesn't have much comparable. You an buy "air rights" to protect your view, but there isn't a general protection for home-owners. It's fairly common for a small home to be replaced with a newer, much taller, structure, taking neighbor's views with it.
Meanwhile south of there there's about 50+ blocks of untouched single family homes.
The view cones has been no real barrier to development and unlike SF Vancouver is building constantly.
Traffic needs system-wide reform. No argument there. Walkable neighborhoods, bike lanes, transit, etc.
Views - you don't (normally) own the views from your property. I live on a golf course; if it gets redeveloped into condos, I'm SOL.
Light - appropriate building setbacks mitigate this.
I'm not disagreeing really, just pointing out that your concerns are mostly valid, but have solutions.