July 22, 2024 - According to Copenhagen’s, biannual Bicycle Account, “… one mile on a bike is a $.42 economic gain to society whereas one mile driving is a $.20 loss,” reports Grist.
Andy Clarke, president of the league of American Bicyclists, discovered this interesting and astonishing fact buried in the pages of the report.
A number of factors are included in the equation such as transport costs, security, comfort, branding/tourism, transport times and health. Copenhagen, a city of 1.2 million people, saves $357 million a year on health costs as about 80% of its population commutes by bicycle.
Read more here – h/t to @BrentToderian
