In this blog the topic of urban/lifestyle cycling is explored in the wider context of city planning & design, sustainability, local economics, environment, health, recreation and broader topics in transportation.
Thursday, March 29, 2012
One mile on a bike is a $.42 economic gain to society, one mile driving is a $.20 loss
“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.