Did the London Congestion Charge Reduce Pollution?
Colin Green (),
John Heywood and
María Navarro Paniagua ()
No 237385060, Working Papers from Lancaster University Management School, Economics Department
Abstract:
We examine the London congestion charge introduced in 2003 and demonstrate significant reductions in a number of pollutants relative to controls. We even find evidence of reductions per mile driven suggesting amelioration of a congestion externality. Yet, we find a robust countervailing increase in harmful NO2 likely reflecting the disproportionate share of diesel vehicles exempt from the congestion charge. This unintended consequence informs on-going concern about pollution from diesel based vehicles and provides a cautionary note regarding substitution effects implicit in congestion charging schemes.
Keywords: Pollution; Traffic; Congestion Charging (search for similar items in EconPapers)
JEL-codes: H27 I18 R48 (search for similar items in EconPapers)
Date: 2018
New Economics Papers: this item is included in nep-ene, nep-env, nep-law, nep-res, nep-tre and nep-ure
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Citations: View citations in EconPapers (2)
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Journal Article: Did the London congestion charge reduce pollution? (2020) 
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Persistent link: https://EconPapers.repec.org/RePEc:lan:wpaper:237385060
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