This paper, published by The Victoria Transport Policy Institute in 2011, introduces a range of market-based policy reforms aimed at increasing transport efficiency, improving health and reducing emissions.
Some emission reduction strategies help achieve both economic and environmental objectives. This report identifies a dozen such strategies, called Win-Win Transportation Solutions. These are cost-effective, technically feasible policy reforms which correct existing market distortions that reduce transport system efficiency. They provide multiple benefits, including congestion reduction, road and parking cost savings, consumer savings, safety, improved mobility for nondrivers, plus energy conservation and emission reduction (Castillo, et al. 2007; Litman 2007c; Creutzig and He 2009). They tend to increase overall economic productivity, employment and wealth (Litman 2010). They are no regrets strategies, because they are justified regardless of the actual risk of climate change.