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Road Congestion Charging.  

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Road Congestion Charging "Congestion imposes huge costs on the economy. These costs include unpredictable travel times, environmental damage, property damage, delays, and lost production". (Deloitte Research) Congestion is a major problem, it affects important cities all around the world. The average speeds of road travel in many cities aren't much greater today than they were in the days of horse drawn vehicles. Without radical changes congestion is only going to get worse. In Western Europe for instance, it is forecast that gridlock will rise 188% on urban roads by 2010 (Deloitte research). When making a journey a motorist is not likely to take into account the congestion cost of that journey, but will only take into account the price of petrol and the opportunity cost of the time he spends travelling. There can however be costs incurred on other motorists which individual motorists don't take into account, these are 'external costs', these...

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