London business owners say NYC 'dodged a bullet' with congestion pricing pause: 'It's just another tax'

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CBS New York's Ali Bauman went to London to find out how their congestion charge affects British businesses and the environment to see what could have been in New York.

NEW YORK -- New York's congestion pricing plan was modeled off London's congestion charge, so CBS New York sent reporter Ali Bauman across the pond to study its impact.She took a look at how the charge affects British businesses and the environment in London to see what could have been in New York.

6 billion pounds, or $3 billion, of revenue from the charge into public transportation, bike lanes and expanded sidewalks.'It's been shown over time that quite often people who travel by public transport or who walk and cycle tend to linger for longer in those high streets,' said Alina Tuerk of Transport for London, the agency which operates congestion pricing.

 

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