What Would Help America Save $2.8 Trillion Being Stuck In Traffic?
There are many things that seem more soul-crushing than spending hours upon hours sitting in traffic. And when it’s converted into money, it’s a massive dollar figure to all that time spent in gridlock.
In fact, half of U.S. traffic congestion is recurring and is attributed to the sheer weight of traffic; most of the rest is attributed to traffic incidents, road work and weather events. Research from the Centre for Economics and Enterprise Analysis and the corporate Inrix Inc. claims to be the primary to evaluate the “financial and environmental prices of US visitors.” It’s studies show that cumulatively between 2013 and 2030, visitor’s congestion might value $2.8 trillion. Los Angeles drivers had it the worst with $23.2 billion misplaced, almost 20 percent of the nationwide total. By 2030, the nationwide total is predicted to expand by about 50 percent to $186 billion squandered in gridlock yearly.
This converted number is based on an evaluation of direct prices like individual’s wasted time, gasoline and oblique elements like the upper worth of products that congestion causes. It additionally predicts there being 30 million automobiles on the roads over the subsequent 17 years.
How to save our pocket?
In New York City, a new $1.6 million program, Midtown in Motion, is seeking to change the city traffic with field sensors, RFID readers (to scan E-ZPasses) and cameras at 23 intersections that will transmit real-time traffic data to a control center in Queens, where it will be analyzed.
Intellistreets – a wireless network of dimmable, programmable and “smart” LED street lighting that offers energy conservation, safety and traffic direction – has recently been installed in Farmington Hills, Michigan. While helping with traffic flow, Intellistreets also dominants the energy conservation: “pulse width modulation” technology makes the lighting more energy efficient. The technology installed in Michigan, has a presence in Chicago and Philadelphia and is looking to install in New Orleans’ French Quarter.
Although the Government has been trying to support any potential idea/innovation that could help to improve traffic in the States, it’s obvious that the most solid solution is to reduce the number of individual vehicles by improving the public transportation systems. Proterra, a South Carolina-based manufacturer with Silicon Valley ties, thinks it can lead the electric public transportation revolution. Also in New York, a real estate developer wants to build a high-speed gondola that he claims could carry 5,000 people per hour and reduce travelling time for residents.
Bicycle makers are also trying to help out by innovating bicycles being smarter, safer and faster.
This article was written while I’m commuting by BART from San Francisco to San Jose, California. Share your comments with us.
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