Impose a carbon tax on parking and building permits to fund new green infrastructure investments or pilot projects. Taxes are never popular but they are one way of curbing consumption and providing ongoing funding. Property taxes are already high and the City has very limited scope to tax consumption. Parking and building permits are one avenue they can tax.
Great idea! The separated bike lanes and walkable city are the carrot, but you also need a stick to get people out of their cars. The cost of leaving your car on public space that could be used for way more useful things (like pocket parks, dedicated transit lanes and extra sidewalk) needs to be much more in line with the prices charged in Europe.
Parking taxes are already high enough. Any tax over 50% is not a Tax it is robbery.