Blueprint 5: The True Costs of Road Transport

About this book

Critique of the UK governments transport policies in which the authors explain in detail why previous policy has resulted in too much pollution, too much congestion, too much investment in `profitable' roads and too little in investment in public transport. Without a fundamental change in policy, argue the authors, the transport sector will continue to impose increasing costs on the natural environment, human health, and the economy. It quantifies the external costs of road transport, and suggests new measures, such as road pricing and financial incentives, to pave the way to a sustainable transport system.

Contents

The theory of external costs; the toll of air pollution; road traffic accidents; congestion costs; noise; road damage costs; global warming; aggregate external costs of road transport; policies for a sustainable transport system.

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Biography

David Maddison is Research Fellow in CSERGE at University College London and the University of East Anglia, Norwich. Olof Johansson is a Research Fellow in the Department of Economics at the University of Gotenborg, Sweden. David Pearce is Professor of Environmental Economics at University College London and Director of CSERGE at University College London and the University of East Anglia. Edward Calthrop is a consultant with Economics for the Environmental Consultance (EFTEC). Todd Litman is Director of the Victoria Transport policy Institute, British Columbia, Canada. Eric Verhoef is with the Department of Spatial Economics, free University of Amsterdam and is also affiliated to the Tinbergen Institute.