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The derived nature of transportation demand implies that enhancement of mobility per se is not a reasonable goal for transportation policy; instead, improved mobility is desired to the extent that it furthers accessibility—a goal that can be achieved through a variety of measures. The paper uses the mobility–accessibility distinction to distinguish different implementations of congestion pricing. A mobility-based congestion pricing promises to alleviate congestion but threatens to deteriorate from overall regional accessibility as it accelerates metropolitan deconcentration. In contrast, accessibility-based congestion pricing avoids acceleration of sprawl by incorporating policies to ensure that drivers tolled off roads are replaced with residents and travelers arriving at previously congested areas by other means.