In this issue:
Should priced managed lanes maximize revenue or throughput?
This is one way to ruin a railroad
More evidence of electric grid inadequacy for EVs
Louisiana gas tax needs replacing, says think tank
Questions about Tesla Semi’s 500-mile trip
Should Priced Managed Lanes Maximize Revenue or Throughput?
Several years ago, I read a critique of priced managed lanes, also known as express toll lanes, developed and operated under long-term public-private partnership (P3) agreements. The commentary accused the P3 companies of using a technique to maximize revenue it called “jam-and-harvest.” This refers to an alleged policy of deliberately increasing the variable toll rate