(27 Nov 2021, 12:34 pm)IRHardy wrote TfL also revealed that it expects to generate far less money than anticipated from the expansion of the ultra-low emission zone because more drivers than expected have switched to cleaner cars to evade the £12.50 levy. It was expected to generate up to £2m a day (£730m a year) but that has been downgraded to £600m over three years instead of £2190m. Therefore is a hole in the TfL budget of £1590m over 3 years.
So TfL and the mayor expected the ULEZ to be a money making scheme, with people not being bothered about the environment but it has backfired as people instead have decided that emissions are a bad thing and have decided to get newer vehicles.
TfL & the mayor couldn't run a bath, and we are stuck with the current mayor of London for another few years.
Not sure people really are bothered about the environment to be fair. Probably more bothered about the £12.50 Levy. I you go in daily, that's a lot of money. Talking £4k'ish a year, can't blame people switching.
It's only Euro 4 for petrol so poorer people with a car with a newish Diesel could easily replace their car to avoid it.