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Saturday, October 25 2014 @ 08:38 PM UTC

One mile on a bike is a $.42 economic gain to society, one mile driving is a $.20 loss

Biking ElsewhereBy Christopher Mims, Grist

Copenhagen, the bicycle-friendliest place on the planet, publishes a biannual Bicycle Account, and buried in its pages is a rather astonishing fact, reports Andy Clarke, president of the league of American Bicyclists:

“When all these factors are added together the net social gain is DKK 1.22 per cycled kilometer. For purposes of comparison there is a net social loss of DKK 0.69 per kilometer driven by car.” 1.22 Danish crowns is about 25 cents and a kilometer is 6/10 of a mile, so we are talking about a net economic gain to society of 42 cents for every bicycle mile traveled. That’s a good number to have in your back pocket.

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http://grist.org/list/one-mile-on-a-bike-is-a-42-economic-gain-to-society-one-mile-driving-is-a-20-loss/

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