TfL to invest in car clubs
A total of £1 million is to be invested in car clubs in the capital over the next two years, Transport for London (TFL) has announced.
The schemes allow residents to hire vehicles on a pay-as-you-go basis and are intended to reduce congestion and the overall number of cars on the road.
According to TFL, the funding is to be used to promote car clubs, as well as install 726 new parking locations across 19 boroughs.
Mayor of London Boris Johnson noted that six privately owned cars are taken off the road for each car club vehicle and it is hoped that a third of residents will be brought within a five-minute walk of one due to the investment.
The scheme offers a "useful way of having the benefits of access to a car without the environmental or financial expense of owning one", the mayor added.
Mr Johnson recently targeted a reduction in emissions caused by food production and transport, after a report revealed that 19 million tonnes of greenhouse gases are produced by the capital through food each year.
Published 4th March, 2009
© 2009 Estates IT Limited
London Rental Property News By London Borough / Category
Latest London Property News Headlines
Streatham town centre to be improved by BID?
Major improvements could be made to Streatham town centre thanks to a new business partnership.
Read Article ... Published on 25th May, 2012
Olympic infrastructure 'to drive east London house market'
The infrastructure created by the Olympics will see the east London property market become more popular.
Read Article ... Published on 24th May, 2012
Olympic infrastructure 'to drive east London house market'
The infrastructure created by the Olympics will see the east London property market become more popular.
Read Article ... Published on 24th May, 2012
Barking Splash Park opens this weekend
Barking Splash Park will be free to use this weekend (May 25th-27th) to mark its opening.
Read Article ... Published on 24th May, 2012
Southwark estates to get cheaper energy bills
Residents in Southwark can look forward to cheaper energy bills thanks to the creation of a new underground green network.
Read Article ... Published on 23rd May, 2012
Enfield £1.3bn masterplan unveiled
A masterplan has been unveiled that will see a 200-acre site in Enfield regenerated as part of a £1.3 billion plan.
Read Article ... Published on 23rd May, 2012
Londoners encouraged to grow their own fruit and veg
People in London are being encouraged to grow their own fruit and vegetables.
Read Article ... Published on 22nd May, 2012
Merton 'embraces green improvements'
Merton is now a cleaner, greener location to live in thanks to the implementation of the Wandle Valley Low Carbon Zone (LCZ).
Read Article ... Published on 22nd May, 2012
London house prices rise by 1,782% in past 35 years
London house prices have increased by 1,782 per cent in the last 35 years.
Read Article ... Published on 21st May, 2012
Poplar's Chrisp Street to get £100m regeneration
Some £100 million is to be spent regenerating the Chrisp Street area of Poplar in Tower Hamlets.
Read Article ... Published on 21st May, 2012
A total of £1 million is to be invested in car clubs in the capital over the next two years, Transport for London (TfL) has announced.