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Exploring the feasibility of tradable credits for congestion management

Author

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  • Lizet Krabbenborg
  • Eric Molin
  • Jan Anne Annema
  • Bert van Wee

Abstract

Tradable credits for congestion management are a novel policy concept that is receiving increased interest in transportation research. This interest is mainly driven by the belief that the concept can count on stronger social support and hence has a better prospect for implementation than charging-based instruments. This paper is the first to provide an analysis of the social, political, economic and technical feasibility of this concept. To this end, policymakers and researchers from the field of transport have been interviewed. The results reveal so many barriers and challenges in the social and political context that some seem insurmountable, which exposes a difference with expectations formulated in the literature. We reflect on possible options to overcome or avoid barriers but conclude that the concept of tradable peak credits lies very far from the current way of thinking about road use and seems unable to compete with more established charging schemes.

Suggested Citation

  • Lizet Krabbenborg & Eric Molin & Jan Anne Annema & Bert van Wee, 2021. "Exploring the feasibility of tradable credits for congestion management," Transportation Planning and Technology, Taylor & Francis Journals, vol. 44(3), pages 246-261, April.
    • Handle: RePEc:taf:transp:v:44:y:2021:i:3:p:246-261
    DOI: 10.1080/03081060.2021.1883226
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    Cited by:

    1. Provoost, Jesper & Cats, Oded & Hoogendoorn, Serge, 2023. "Design and classification of tradable mobility credit schemes," Transport Policy, Elsevier, vol. 136(C), pages 59-69.
    2. Klaus Bogenberger & Philipp Blum & Florian Dandl & Lisa-Sophie Hamm & Allister Loder & Patrick Malcolm & Martin Margreiter & Natalie Sautter, 2021. "MobilityCoins -- A new currency for the multimodal urban transportation system," Papers 2107.13441, arXiv.org, revised Jul 2021.
    3. Jo-Ann Pattinson & Gillian Harrison & Caroline Mullen & Simon Shepherd, 2022. "Combining Tradable Credit Schemes with a New Form of Road Pricing: Producing Liveable Cities and Meeting Decarbonisation Goals," Sustainability, MDPI, vol. 14(14), pages 1-22, July.

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