City's biking industry rakes in 1.3 billion
That Copenhagen is a city crazy for bicycles has long been established. The city sports roughly 350 kilometres of bicycle lanes and paths, and nearly 40 percent of the population go about their daily commute on two wheels
Beyond the health and environmental benefits of Copenhagen’s two-wheeled love lies an economic boon for the Danish Capital. Copenhagen Council has calculated that the local cycling industry turns over 1.3 billion kroner a year.
The counsil looked at a number of various factors including safety, comfort, transport time, tourism and branding to calculate a cost benefit analysis of cycling. When all the factors were calculated together, the council estimated that society earns 1.22 kroner for every biked kilometre, in comparison to 0.69 kroner for every kilometre driven in a car.
