Equity of Evolving Transportation Finance Mechanisms


Book Description

"As traditional sources of funding for the nation's surface transportation system fail to keep pace with demand, proposals for new sources have proliferated. New funding strategies, such as pricing the use of new and existing roads, and new institutional arrangements, such as public-private partnerships, have emerged over the past few years. As with all transportation policies, these strategies raise questions about equity. To address these concerns, the Transportation Research Board convened an expert committee to provide guidance to public officials about assessing the equity of evolving transportation finance mechanisms. The committee's findings are presented in this report. They are organized under the following chapter headings: (1) Equity and Transportation Finance; (2) How Transportation is Funded and Who Pays; (3) Equity Through Different Lenses; (4) Transportation Finance Equity: Evidence and Experience; (5) Equity and Decision Making: Experience with Road Pricing; and (6) Findings and Recommendations."--pub. desc.




Sustainable Urban Transport Financing from the Sidewalk to the Subway


Book Description

Urban transport systems are essential for economic development and improving citizens' quality of life. To establish high-quality and affordable transport systems, cities must ensure their financial sustainability to fund new investments in infrastructure while also funding maintenance and operation of existing facilities and services. However, many cities in developing countries are stuck in an "underfunding trap" for urban transport, in which large up-front investments are needed for new transport infrastructure that will improve the still small-scale, and perhaps, poor-quality systems, but revenue is insufficient to cover maintenance and operation expenses, let alone new investment projects. The urban transport financing gap in these cities is further widened by the implicit subsidies for the use of private cars, which represent a minority of trips but contribute huge costs in terms of congestion, sprawl, accidents, and pollution. Using an analytical framework based on the concept of "Who Benefits Pays," 24 types of financing instruments are assessed in terms of their social, economic and environmental impacts and their ability to fund urban transport capital investments, operational expenses, and maintenance. Urban transport financing needs to be based on an appropriate mix of complementary financing instruments. In particular for capital investments, a combination of grants †“from multiple levels of government†“ and loans together with investments through public private partnerships could finance large projects that benefit society. Moreover, the property tax emerges as a key financing instrument for capital, operation, and maintenance expenses. By choosing the most appropriate mix of financing instruments and focusing on wise investments, cities can design comprehensive financing for all types of urban transport projects, using multi-level innovative revenue sources that promote efficient pricing schemes, increase overall revenue, strengthen sustainable transport, and cover capital investments, operation, and maintenance for all parts of a public transport system, "from the sidewalk to the subway."




Transportation Planning Handbook


Book Description

A multi-disciplinary approach to transportation planning fundamentals The Transportation Planning Handbook is a comprehensive, practice-oriented reference that presents the fundamental concepts of transportation planning alongside proven techniques. This new fourth edition is more strongly focused on serving the needs of all users, the role of safety in the planning process, and transportation planning in the context of societal concerns, including the development of more sustainable transportation solutions. The content structure has been redesigned with a new format that promotes a more functionally driven multimodal approach to planning, design, and implementation, including guidance toward the latest tools and technology. The material has been updated to reflect the latest changes to major transportation resources such as the HCM, MUTCD, HSM, and more, including the most current ADA accessibility regulations. Transportation planning has historically followed the rational planning model of defining objectives, identifying problems, generating and evaluating alternatives, and developing plans. Planners are increasingly expected to adopt a more multi-disciplinary approach, especially in light of the rising importance of sustainability and environmental concerns. This book presents the fundamentals of transportation planning in a multidisciplinary context, giving readers a practical reference for day-to-day answers. Serve the needs of all users Incorporate safety into the planning process Examine the latest transportation planning software packages Get up to date on the latest standards, recommendations, and codes Developed by The Institute of Transportation Engineers, this book is the culmination of over seventy years of transportation planning solutions, fully updated to reflect the needs of a changing society. For a comprehensive guide with practical answers, The Transportation Planning Handbook is an essential reference.




The Geography of Urban Transportation, Fourth Edition


Book Description

A comprehensive update, the fourth edition of this leading text features numerous chapters by new authors addressing the latest trends and topics in the field. The book presents the foundational concepts and methodological tools that readers need in order to engage with today's pressing urban transportation policy issues. Coverage encompasses passenger and freight dynamics in the American metropolis; the local and regional transportation planning process; and questions related to public transit, land use, social equity and environmental justice, energy consumption, air pollution, transportation finance, sustainability, and more. Among the student-friendly features are special-topic boxes delving into key issues and 87 instructive figures, including eight color plates. ÿ New to This Edition *Extensively revised coverage of information and communication technologies, urban freight, travel behaviors, and regional transportation planning. *Engaging discussions of current topics: smartphone travel tracking, Uber, car and bike sharing, food deserts, biofuels, and more. *Heightened focus on climate change. *Reflects over a decade of policy changes, technological advances, and emergent ideas and findings in the field. *Most of the figures and special-topic boxes are new.




Moving Towards Low Carbon Mobility


Book Description

ÔFor a thorough and thoughtful perspective on what it will take to de-carbonize cities of the future, this book is a must-read. Technology alone, we are told, will not create the post-carbon city. As important is coming to grips with a complex web of cultural, institutional, financial, and social factors that powerfully shape mobility choices, now and in the future. A balanced, holistic approach that reveals how the many elements of contemporary transport systems work together offers the best hope for achieving more sustainable, less carbon-intensive mobility futures.Õ Ð Robert Cervero, University of California, Berkeley, US ÔThis is not just another book about transport and climate change. It sensibly places transport within the much broader concept of mobility and explores all aspects of travel behaviour, of people and goods, and the infrastructure needs to serve these, leading to a balanced set of policy proposals. This volume, compiled by an internationally eminent team of researchers, is essential reading for all those wanting a balanced and objective analysis of this critical topic.Õ Ð Roger Vickerman, University of Kent, UK ÔA unique assemblage of papers by top international experts that together cover every aspect of the transport-mobility-environment relationship Ð todayÕs central issue for transport planners worldwide.Õ Ð Sir Peter Hall, University College London (UCL), UK The transport sector has been singularly unsuccessful in becoming low carbon and less resource intensive. This book takes an innovative and holistic social, cultural and behavioural perspective, as well as covering the more conventional economic and technological dimensions, to provide a more complete understanding of the mobility and transport system and its progress towards high carbon mobility. The book uses this platform to explore the means to achieve low carbon mobility through outlining alternative pathways, through an investigation of theories of change, and through alternative visions of the low carbon transport city. The bookÕs core message is that the complexity of the mobility and transport system should not encourage inaction, but strong and immediate action. In addition to implementing a wide range of policy measures, the book argues for a fundamental change in ÔthinkingÕ when it comes to transport policy, governance and analysis approaches, before low carbon mobility becomes a reality. Bringing together the latest thinking on transport, mobility and the environment, this book will appeal to researchers and students interested in sustainability issues and sustainable transport and transport related areas in particular, including policy makers as well as a more general professional audience.




The Transportation Research Board, 1920â¬"2020


Book Description

In 1920, state highway engineers, federal officials, and experts from academia were among a small group convened by the National Academy of Sciences to confront the problems of the highway. The public was entrusting them with billions of dollars for good roads, and World War I had proved the feasibility of moving freight long distances by truck. But even new highways were crumbling. They turned to research for solutions. The founders of the Transportation Research Board (TRB) and the generations that followed took on problems such as safety, social equity, and environmental issues. They embraced "total transportation," adapting their highway research model to urban transportation and then applying it to rail, marine, and aviation modes. Today TRB convenes thousands of researchers, practitioners, and administrators every year to advise the government, solve practical problems, foster innovation, and stimulate new research. In The Transportation Research Board, 1920â€"2020: Everyone Interested Is Invited, Sarah Jo Peterson tells the story of how people and institutions created and have continued to shape TRB. In a compelling narrative accompanied by more than 150 images exploring the history of transportation and research, she argues that TRB can be best understood as an infrastructureâ€"one that people purposely designed and devotedly maintained. Despite TRB's institutional complexity, its unique mission, the vast collection of acronyms in its orbit, and the significant changes to the organization in its first 100 years, Dr. Peterson provides a view from 30,000 feet, deftly describing the social, political, and economic context in which transportation (and TRB) functioned. At the same time, she attends to details of the key events, individuals, and human motivations that shaped TRB's evolution. The author's skills as a historian, her experience in the transportation field, and her manifest ability to tell a good story have produced a book that transportation professionals of all stripesâ€"and, for that matter, anyone interested in the history of transportation in the United Statesâ€"should find both engaging and informative and an essential addition to their library.




The Economics of Urban Transportation


Book Description

This new edition of the seminal textbook The Economics of Urban Transportation incorporates the latest research affecting the design, implementation, pricing, and control of transport systems in towns and cities. The book offers an economic framework for understanding the societal impacts and policy implications of many factors including congestion, traffic safety, climate change, air quality, COVID-19, and newly important developments such as ride-hailing services, electric vehicles, and autonomous vehicles. Rigorous in approach and making use of real-world data and econometric techniques, the third edition features a new chapter on the special challenges of managing the energy that powers transportation systems. It provides fully updated coverage of well-known topics and a rigorous treatment of new ones. All of the basic topics needed to apply economics to urban transportation are included: Forecasting demand for transportation services under various conditions Measuring costs, including those incurred by users and incorporating two new tools to describe congestion in dense urban areas Setting prices under practical constraints Evaluating infrastructure investments Understanding how private and public sectors interact to provide services Written by three of the field’s leading researchers, The Economics of Urban Transportation is essential reading for students, researchers, and practicing professionals in transportation economics, planning, engineering, or related disciplines. With a focus on workable models that can be adapted to future needs, it provides tools for a rapidly changing world.




Overcoming Barriers to Deployment of Plug-in Electric Vehicles


Book Description

In the past few years, interest in plug-in electric vehicles (PEVs) has grown. Advances in battery and other technologies, new federal standards for carbon-dioxide emissions and fuel economy, state zero-emission-vehicle requirements, and the current administration's goal of putting millions of alternative-fuel vehicles on the road have all highlighted PEVs as a transportation alternative. Consumers are also beginning to recognize the advantages of PEVs over conventional vehicles, such as lower operating costs, smoother operation, and better acceleration; the ability to fuel up at home; and zero tailpipe emissions when the vehicle operates solely on its battery. There are, however, barriers to PEV deployment, including the vehicle cost, the short all-electric driving range, the long battery charging time, uncertainties about battery life, the few choices of vehicle models, and the need for a charging infrastructure to support PEVs. What should industry do to improve the performance of PEVs and make them more attractive to consumers? At the request of Congress, Overcoming Barriers to Deployment of Plug-in Electric Vehicles identifies barriers to the introduction of electric vehicles and recommends ways to mitigate these barriers. This report examines the characteristics and capabilities of electric vehicle technologies, such as cost, performance, range, safety, and durability, and assesses how these factors might create barriers to widespread deployment. Overcoming Barriers to Deployment of Plug-in Electric Vehicles provides an overview of the current status of PEVs and makes recommendations to spur the industry and increase the attractiveness of this promising technology for consumers. Through consideration of consumer behaviors, tax incentives, business models, incentive programs, and infrastructure needs, this book studies the state of the industry and makes recommendations to further its development and acceptance.




Climate Change and Cities


Book Description

The Urban Climate Change Research Network's Second Assessment Report on Climate Change in Cities (ARC3.2) is the second in a series of global, science-based reports to examine climate risk, adaptation, and mitigation efforts in cities. The book explicitly seeks to explore the implications of changing climatic conditions on critical urban physical and social infrastructure sectors and intersectoral concerns. The primary purpose of ARC3.2 is to inform the development and implementation of effective urban climate change policies, leveraging ongoing and planned investments for populations in cities of developing, emerging, and developed countries. This volume, like its predecessor, will be invaluable for a range of audiences involved with climate change and cities: mayors, city officials and policymakers; urban planners; policymakers charged with developing climate change mitigation and adaptation programs; and a broad spectrum of researchers and advanced students in the environmental sciences.




Financing Transportation Networks


Book Description

Argues the case for road tolls becoming the preferred means of financing roads.