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Congestion Charge
Congestion pricing or congestion charges is a system of surcharging users of public goods that are subject to congestion through excess demand, such as through higher peak charges for use of bus services, electricity, metros, railways, telephones, and road pricing to reduce traffic congestion; airlines and shipping companies may be charged higher fees for slots at airports and through canals at busy times. Advocates claim this pricing strategy regulates demand, making it possible to manage congestion without increasing supply. According to the economic theory behind congestion pricing, the objective of this policy is the use of the price mechanism to make users conscious of the costs that they impose upon one another when consuming during the peak demand, and that they should pay for the additional congestion they create, thus encouraging the redistribution of the demand in space or in time, and forcing them to pay for the negative externalities they create, making users mo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
London Congestion Charge
The London congestion charge is a fee charged on most cars and motor vehicles being driven within the Congestion Charge Zone (CCZ) in Central London between 7:00 am and 6:00 pm Monday to Friday, and between 12:00 noon and 6:00 pm Saturday and Sunday. Inspired by Singapore's Electronic Road Pricing (ERP) system after London officials had travelled to the country, the charge was first introduced on 17 February 2003. The London charge zone is one of the largest congestion charge zones in the world, despite the removal of the Western Extension which operated between February 2007 and January 2011. The charge not only helps to reduce high traffic flow in the city streets, but also reduces air and noise pollution in the central London area and raises investment funds for London's transport system. The standard charge is £15, every day from 7:00 am to 6:00 pm, for each non-exempt vehicle driven within the zone, with a penalty of between £65 and £195 levied for non-payment. The ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
027 ERP Gantry
7 (seven) is the natural number following 6 and preceding 8. It is the only prime number preceding a cube (algebra), cube. As an early prime number in the series of positive integers, the number seven has greatly symbolic associations in religion, mythology, superstition and philosophy. The seven Classical planets resulted in seven being the number of days in a week. It is often considered lucky in Western culture and is often seen as Symbolism of the Number 7, highly symbolic. Unlike Western culture, in Vietnamese culture, the number seven is sometimes considered unlucky. It is the first natural number whose pronunciation contains more than one syllable. Evolution of the Arabic digit In the Brahmi numerals, beginning, Indians wrote 7 more or less in one stroke as a curve that looks like an uppercase vertically inverted. The western Ghubar Arabs' main contribution was to make the longer line diagonal rather than straight, though they showed some tendencies to making the digit m ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Externalities
In economics, an externality or external cost is an indirect cost or benefit to an uninvolved third party that arises as an effect of another party's (or parties') activity. Externalities can be considered as unpriced goods involved in either consumer or producer market transactions. Air pollution from motor vehicles is one example. The cost of air pollution to society is not paid by either the producers or users of motorized transport to the rest of society. Water pollution from mills and factories is another example. All consumers are all made worse off by pollution but are not compensated by the market for this damage. A positive externality is when an individual's consumption in a market increases the well-being of others, but the individual does not charge the third party for the benefit. The third party is essentially getting a free product. An example of this might be the apartment above a bakery receiving the benefit of enjoyment from smelling fresh pastries every mornin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Valletta
Valletta (, mt, il-Belt Valletta, ) is an Local councils of Malta, administrative unit and capital city, capital of Malta. Located on the Malta (island), main island, between Marsamxett Harbour to the west and the Grand Harbour to the east, its population within administrative limits in 2014 was 6,444. According to the data from 2020 by Eurostat, the Functional Urban Area and metropolitan region covered the whole island and has a population of 480,134. Valletta is the southernmost capital of Europe, and at just , it is the European Union's smallest capital city. Valletta's 16th-century buildings were constructed by the Hospitaller Malta, Knights Hospitaller. The city was named after Jean Parisot de Valette, who succeeded in defending the island from an Ottoman invasion during the Great Siege of Malta. The city is Baroque architecture, Baroque in character, with elements of Mannerist architecture#Mannerist architecture, Mannerist, Neoclassical architecture, Neo-Classical and Mo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Riga
Riga (; lv, Rīga , liv, Rīgõ) is the capital and largest city of Latvia and is home to 605,802 inhabitants which is a third of Latvia's population. The city lies on the Gulf of Riga at the mouth of the Daugava river where it meets the Baltic Sea. Riga's territory covers and lies above sea level, on a flat and sandy plain. Riga was founded in 1201 and is a former Hanseatic League member. Riga's historical centre is a UNESCO World Heritage Site, noted for its Art Nouveau/Jugendstil architecture and 19th century wooden architecture. Riga was the European Capital of Culture in 2014, along with Umeå in Sweden. Riga hosted the 2006 NATO Summit, the Eurovision Song Contest 2003, the 2006 IIHF Men's World Ice Hockey Championships, 2013 World Women's Curling Championship and the 2021 IIHF World Championship. It is home to the European Union's office of European Regulators for Electronic Communications (BEREC). In 2017, it was named the European Region of Gastronomy. I ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Czech Republic
The Czech Republic, or simply Czechia, is a landlocked country in Central Europe. Historically known as Bohemia, it is bordered by Austria to the south, Germany to the west, Poland to the northeast, and Slovakia to the southeast. The Czech Republic has a hilly landscape that covers an area of with a mostly temperate continental and oceanic climate. The capital and largest city is Prague; other major cities and urban areas include Brno, Ostrava, Plzeň and Liberec. The Duchy of Bohemia was founded in the late 9th century under Great Moravia. It was formally recognized as an Imperial State of the Holy Roman Empire in 1002 and became a kingdom in 1198. Following the Battle of Mohács in 1526, the whole Crown of Bohemia was gradually integrated into the Habsburg monarchy. The Protestant Bohemian Revolt led to the Thirty Years' War. After the Battle of White Mountain, the Habsburgs consolidated their rule. With the dissolution of the Holy Empire in 1806, the Cro ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Znojmo
Znojmo (; german: Znaim) is a town in the South Moravian Region of the Czech Republic. It has about 33,000 inhabitants. Znojmo is the historical and cultural centre of southwestern Moravia and the second most populated town in the South Moravian Region. The historical centre of Znojmo is well preserved and is protected by law as an urban monument reservation. Administrative parts Villages of Derflice, Kasárna, Konice, Mramotice, Načeratice, Oblekovice, Popice and Přímětice are administrative parts of Znojmo. Geography The town is situated on a rock outcropping on the steep left bank of the Thaya River, about southwest of the regional capital Brno. Located near the border with Austria, it is connected to Vienna by railway and road. History A fortress at the site possibly already existed during the time of the Great Moravian Empire in the 9th century. From about 1055, Znojmo Castle served as the residence of a Přemyslid principality within the Bohemian March of Moravi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Durham City Congestion Charge
The Durham City congestion charge was the first congestion charge to be introduced in the UK in October 2002. Durham County Council introduced the toll for drivers using 1,000-year-old Saddler Street in the city centre which stands on the peninsula above the River Wear. This is the only public access road leading to the World Heritage Site of Durham Cathedral and Durham Castle. It was mainly introduced to reduce traffic flow using the road. Prior to the introduction of the congestion charge around 3000 vehicles used the road on a daily basis. The narrow street, built centuries ago to cater for nothing bigger than a horse and cart, is used by up to 17,000 pedestrians a day, and, according to Durham County Council a "conflict between the two was causing traffic congestion, environmental problems and road safety hazards, as well as detracting from the experience of the World Heritage Site". A year after the charge had been introduced, figures showed vehicle activity using the r ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gothenburg Congestion Tax
The Gothenburg congestion tax ( sv, Trängselskatt i Göteborg), also referred to as the Gothenburg congestion charge, is a congestion pricing system implemented as a tax levied on most vehicles entering and exiting central Gothenburg, Sweden, including some main roads passing by the city. The congestion tax was introduced on January 1, 2013, with the Stockholm congestion tax as a model. The primary purpose of the congestion tax is to reduce traffic congestion and improve the environmental situation in central Gothenburg, and to get financing for large road and rail construction projects in and around Gothenburg. The largest such project is Västlänken. Affected area The congestion tax area encompasses essentially the entire Gothenburg City Centre and the E6 main road passing the city. Curiously, cars passing the city are also taxed, providing no incentive to drive around the city rather than through the city, contrary to most other congestion charge schemes in the world. As an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ecopass
The Ecopass program was a traffic pollution charge implemented in Milan, Italy, as an urban toll for some motorists traveling within a designated traffic restricted zone or ZTL ( it, Zone a Traffico Limitato), corresponding to the central ''Cerchia dei Bastioni'' area and encircling around . The Ecopass was implemented as a one-year trial program on January 2, 2008, and later extended until December 31, 2009. A public consultation was planned to be conducted early in 2009 to decide if the charge becomes permanent. ''The complete pricing scheme is presented in this article''. Subsequently, the current charge-scheme was prolonged until December 31, 2011 ''Official Ecopass page'' and starting from January 16, 2012 a new scheme (called Area C) was introduced, actually converting it from a pollution-charge to a conventional congestion charge. The primary purpose of the program was to reduce traffic and air pollution (it was based on a fee structure according to the vehicle's engine emis ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Stockholm Congestion Tax
The Stockholm congestion tax ( sv, Trängselskatt i Stockholm), also referred to as the Stockholm congestion charge, is a congestion pricing system implemented as a tax levied on most vehicles entering and exiting central Stockholm, Sweden. The congestion tax was implemented on a permanent basis on August 1, 2007, after a seven-month trial period between January 3, 2006 and July 31, 2006. It was inspired by Singapore's Electronic Road Pricing (ERP) system, which first introduced it in 1975. The primary purpose of the congestion tax is to reduce traffic congestion and improve the environmental situation in central Stockholm. The funds collected will be used for new road constructions in and around Stockholm. A referendum was held in September 2006, a few months after the end of the trial period. In the referendum the residents of Stockholm municipality voted yes and in 14 other municipalities voted no to implement it permanently. On October 1, 2006, the leaders of the winning part ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Electronic Road Pricing (Singapore)
The Electronic Road Pricing (ERP) system is an electronic toll collection scheme adopted in Singapore to manage traffic by way of road pricing, and as a usage-based taxation mechanism to complement the purchase-based Certificate of Entitlement system. The ERP was implemented by the Land Transport Authority on April 1, 1998 to replace the preceding Singapore Area Licensing Scheme (ALS) that was first introduced on 11 August 1974 after successfully stress-testing the system with vehicles running at high speed. The system uses open road tolling; vehicles do not stop or slow down to pay tolls.Electronic Road Pricing Land Transport Authority (Singapore) Singapore was the first city in the world to implement an electronic road toll collection system for purposes of |
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