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Copenhagen Report: One Mile on a Bike is a $.42 Economic Gain to Society vs a $.20 Loss Driving

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.

Cycling yields an economic gain for society vs a loss for driving. @ Mikael Colville-Andersen

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

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