ABSTRACT: Increasingly serious urban traffic congestion and traffic emissions have been paid more and more attention by policy makers and planners. From the perspective of traffic economics, reasonable toll policy as a means of market economy can really improve the overall efficiency of the transport system and reduce the traffic externality. In order to study the impact of road pricing policy on urban traffic emissions, the impact of different road pricing policies on traffic emissions was analyzed through the establishment of Nanning microscopic traffic simulation model. The results show that the implementation of road pricing policy can alleviate traffic congestion and reduce emission levels, but it has no significant effect on reducing the car traffic share rate.