Oct. 26, 2006: Gulf Times—Gas Guzzlers Face Higher Parking Fees

Summary: "Drivers in an affluent London suburb may be hit by residents’ parking charges which penalise the worst polluting vehicles such as 4x4s in the latest move to punish ownership of so-called ‘Chelsea tractors’.

‘Richmond-upon-Thames householders produce more CO2 (carbon dioxide) than most other boroughs in London,’ Richmond council said in its guide to the proposed changes, published yesterday."

The UK takes the threat of greenhouse-gas induced climate change seriously. Plenty of state and local jurisdictions across the US express concern over global warming, too. Should they charge registration and parking fees based on emissions? Such systems would certainly help educate consumers about externalities—those invisible costs of hydrocarbon use that don’t accrue directly to the gas bill.

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