Congestion pricing works – just look at London. Become a Video Lab member! http://bit.ly/video-lab New York Gov. Andrew Cuomo recently announced a plan to bring congestion pricing to New York City. The goal is to raise money for the city’s crumbling public transit system and reclaim the dangerously busy city streets. But what is congestion pricing, and can it actually solve all our transit woes? We took a look at London, a city that enacted a congestion charge in 2003, to see some of the benefits. Check out the video above to learn more. For further reading look to our sister site, Curbed: https://www.curbed.com/ https://www.curbed.com/search?q=congestion+pricing For information on New York’s potential earnings and benefits: http://www.hntb.com/HNTB/media/HNTBMediaLibrary/Home/Fix-NYC-Panel-Report.pdf And a closer look at how much money is wasted sitting in traffic: http://pfnyc.org/wp-content/uploads/2018/01/2018-01-Congestion-Pricing.pdf Finally – Check out this article by Nicole Badstuber on how London congestion pricing has started to level out and the plans the city has in place to bring revenue back up: https://www.citylab.com/transportation/2018/04/londons-congestion-charge-needs-updating/557699/ Note: The headline for this video has been updated since publishing. Previous headline: How London is fighting its nightmare traffic Vox.com is a news website that helps you cut through the noise and understand what's really driving the events in the headlines. Check out http://www.vox.com/. Watch our full video catalog: http://goo.gl/IZONyE Follow Vox on Facebook: http://goo.gl/U2g06o Or Twitter: http://goo.gl/XFrZ5H