ULEZ expansion benefits will offset costs
Chris Snowdon writes for the Spectator
Matthew Lesh quoted by the Telegraph
Daniel Freeman writes for the Evening Standard
“The extension of London’s Ultra Low Emission Zone, which comes into force today, will help save lives.
“But this need not be the case. Milton Friedman, the Noble-prize winning free market economist, argued that taxes are the best way to deal with pollution from cars as they incentivise consumers to reduce emissions without imposing bans and ever more regulation.
“Ultimately, we should be moving towards a full road-pricing system that accounts for the social and environmental costs of driving. Ulez may not be perfect, but it is a step in the right direction towards making the polluter pay.”
You can read the full article here.