Sinclair Davidson in the Age writes a criticism of the idea, blaming congestion in Melbourne on, amongst other things, too much public transport.
The inner city, already well served by public transport, has seen the construction of mega tram stops, and the King Street overpass was demolished. Small wonder travel times have increased.
Harry Clarke in return says that it is unsound economics.
People who travel on roads impose congestion costs on others. As has been known for at least half a century, attempts to internalise all such costs makes a community better-off in the sense that the value of the revenues gains exceeds costs to both the ‘tolled-off’ (those ending road use) and the ‘tolled-on’ (those who continue but who must pay the toll).
All I can say is. I agree.