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Yup, it smells strongly of Khan's politics. Grand gesture that means next to nothing in terms of what happens in reality.
If he wants to make a difference then explicitly state the tfl will amend their modelling goals to allow more green man time. But that's politically difficult so I won't hold my breath.
Backstop
I really don't see how this will help at all.
In quiet spots its hardly needed anyway because there will be sufficient gaps in traffic to cross.
In busy spots the lights will constantly sense vehicles approaching so will remain red for pedestrians just as much as they do now. Any other setup on a busy road would never be allowed, because the traffic capacity would be severely compromised
What am I missing?