Economics

When George Monbiot, the popular columnist for the UK's Guardian newspaper, gets interested in something, he digs and digs until he's found what he's satisfied is the truth. Monbiot is interested in global warming, and presents in Heat: How to Stop the Planet from Burning (U.S. Edition: South End Press, May 2007) a heavily footnoted 215-page brisk and compelling case for why we should all be very worried. This is probably the clearest and broadest book yet published about global warming, with doses of skepticism, inquisitiveness, sobriety and optimism. Every Streetsblog reader should read it. More important, every Streetsblog reader should get it into the hands of five Streetsblog non-readers and ask each of them to do the same.

According to a new U.S. Census Bureau analysis of data from the American Community Survey, most Americans drive to work -- alone, and public transportation commuters are concentrated in a handful of large cities. From the Bureau's press release:

The Staten Island Advance ran an article last Thursday about a "perfect storm" of crushing Staten Island-bound traffic on the Gowanus Expressway and the Verrazano-Narrows Bridge. To give you a sense of the frustrated tone of the article, it was entitled "21-Month Nightmare: Agency Offers Zero Solutions for Verrazano Lane Mess." Here's how it began:

The New York Times reports:

Critics of congestion pricing often claim that small businesses will bear an unfair burden if the Mayor is successful in implementing his plan. But yesterday, a diverse group of small business leaders from throughout the five boroughs gathered on the steps of City Hall yesterday to voice their support for the Mayor's PlaNYC initiative. From The Campiagn for New York Future's press release:

Fearing that London's ever-worsening traffic congestion would drive industry to other European cities, business leaders first broached the topic of congestion charging for the British capital, according to plan architect Mayor Ken Livingstone.

Crain's New York Business reports that the group leading the campaign against congestion pricing will begin a lobbying blitz aimed at derailing Mayor Bloomberg's pricing proposal next week, just as the mayor goes to Albany to try to win state legislators over to his PlaNYC initiative. The arguments to be mounted by the "Keep NYC Congestion Tax Free Coalition" range from the speculative to the alarmist:

Given that it was only a few months ago that Mayor Michael Bloomberg could be heard saying, "We like traffic, it means economic activity, it means people coming here," his pitch for a whole new set of progressive transportation policies at last week's meeting of the Regional Plan Association was all the more remarkable:

Foes of congestion pricing marshalled by the Queens Chamber of Commerce held a press conference yesterday at which several politicians from the borough took a stand against the mayor's plan. According to a press release provided by the chamber, City Council Finance Chair David Weprin called the proposal unnecessary: "I don't think City Hall understands that another unfair tax which would hurt working class people is not only uncalled for, but also unnecessary to reduce traffic. Before we tax people more we should first consider trying some simple traffic mitigation alternatives to reduce congestion."