Traffic Congestion Policy Analysis

The local city council is debating the implementation of a new policy aimed at reducing traffic congestion in the downtown area. The proposed policy includes the introduction of a congestion pricing system, where drivers would have to pay a fee to enter high-traffic zones during peak hours. The city council is concerned about the economic impact this might have on small businesses and low-income residents.

Based on this scenario, analyze the potential advantages and disadvantages of the proposed congestion pricing policy. In your response, be sure to consider effects on urban planning, economic equity, and environmental sustainability.