Peak District parking charges to unlock £10 million investment in shared transport

 

Overview

• For car owners to use alternatives, new shared services need to be developed to meet the same needs

• Drivers can then sell their redundant cars and release the capital required to invest in new services

• Voluntary Carbon Credits (VCC), validated by owning fewer cars and bought by polluters, provide a return on this investment

• Car driving visitors buy VCC via parking charges. Current parking revenue in the Peak District National Park of £500,000 could leverage £10 million investment per year, from between 1000 and 2000 private cars sold

 

More than one new service is required to replace each car. Users can combine Peak District Shuttles with Carshare and Active Travel for other journeys. The overall effect is for a combination of private cars to be ‘traded-in’ for a combination of alternatives that meet the same needs, and the capital shifted from one to the other. It avoids the problem of new services co-existing with the private cars of target users.

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This approach involves ‘Transport Groups’, a Web3 solution which establishes supply and demand for new services online before changes, to car ownership and transport provision, are made on the ground. Transport Groups are Decentralised Autonomous Organisations, in which users and providers co-own and govern new transport provision.

 

A use case is being developed for the above. Other examples can be found on the Transport Groups website.