We headed to Haringey to see what local residents thought.
"I think it's a load of crap,” Nev says, adding he has grown weary of traffic-reducing and environmental policies in the borough.
"We're already paying more if you’ve got a big car. You're paying more tax, you pay more for petrol to fill it. That's your business."
But fellow resident Gary Oliva says: "If you can afford a large car, then you can afford to pay for it.
"Public transport in London is very, very good. If you want to get from A to B get on a bus, get on a train, get on the tube."
However, Selin Akdenez, who is a single mum and drives an SUV, says parking in London is already expensive, and the prospect of paying more for residential parking is something that she couldn’t afford.
“I disagree because I have a child so I do have to have a bigger car,” she says. “My mother is really old. If she needs a GP appointment or dentist, I have to take her."