Photo: screenshot from NPR
New York City is on its way to receive an extra 2,000 cabs, with the move, of course, being aimed at reducing the waiting time for those who want to take the cab. However, transport economist Charles Komanoff told NPR that the he doesn’t see the move as a productive one, explained that cabs create constant trafic - while private vehicles go from A to B, taxis constantly flood the streets, which means that the extra cabs will make NYC traffic worse for everybody.
According to Komanoff, the extra 2,000 taxis will make the NYC traffic at least 12 percent slower and while you’ll be able to get a ride about 60 seconds faster, you will reach your destination after a longer travel time.
And while the authorities will earn $1 billion (EUR808,667 million at the current exchange rate) by auctioning the 2,000 new cab licenses, Komanoff estimates that the slower traffic will cost the city about half of the aforementioned amount per year in lost time.
At the moment, the city can’t bring the new taxis to the street, as both the residents and the current cab drivers have turned to justice in order to prevent this from happening and a verdict hasn’t been reached yet.
Komanoff offers us a short New York City traffic history lesson in the clip below.
Via: NPR
And while the authorities will earn $1 billion (EUR808,667 million at the current exchange rate) by auctioning the 2,000 new cab licenses, Komanoff estimates that the slower traffic will cost the city about half of the aforementioned amount per year in lost time.
At the moment, the city can’t bring the new taxis to the street, as both the residents and the current cab drivers have turned to justice in order to prevent this from happening and a verdict hasn’t been reached yet.
Komanoff offers us a short New York City traffic history lesson in the clip below.
Via: NPR
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