Dr Richard Wellings, Transport Director at the Institute of Economic Affairs, says:
I suspect he's being a serial shock-jock journalist ...
Fortunately, there is much that can be done quickly to make roads more efficient. The first step is to stop making it even more dysfunctional. Funding for anti-car schemes that reduce capacity or increase delays should be halted. Many bus lanes could be returned to general use, for example. The government should also increase speed limits. Raising the 40 miles per house limit for heavy goods vehicles on single carriageway roads should be the top priority. As well as boosting productivity, this would improve safety by reducing overtaking.
Ideally, ownership of much of the [road] network would eventually be transferred to the private sector, perhaps partly through a stockmarket flotation of the motorways and trunk roads. The proceeds ^ together with the boost to general revenues from higher efficiency ^ could be used to reduce or even abolish fuel duty.
and I think he makes good use of lies, damned lies and statistics:
The railways are a classic example of a politically distorted market. There is huge variation in the level of subsidy to different parts of the network. London commuter routes generally receive little funding from government, in marked contrast to rural provincial routes that are almost entirely dependent on handouts. This system means passengers on more profitable lines (including in and around London) may end up cross-subsidising those on loss-making ones.
Very curious view that - considering that public transport subsidy in London per head of population is twice what it is anywhere else in the country ...
There IS sense in making off-peak use of roads. There IS sense (one he hasn't mentioned) in looking for ways to increase seat occupancy across all transport modes. Typical car - 5 seats; typical load - 1 driver + 0 passengers (I've done a few little surveys, peak hour in various places across my travels, and never exceeded 33% of car seats occupied). But privatising the roads to increase innovation and reduce costs - has that worked well for the railways - I think he argues not. And there is sense in encouraging off peak (true off peak, which involves better alignment of peak use to peak ticket prices - a farce at the moment) use of trains.