I’ve (half-) joked about bicycling saving the world. But I keep coming across more and more analysis to back up the claim. Elly Blue, over at Grist, has been posting some good stuff on bicycle economics, which help make the case (though I hold no illusions about how far rational argument goes in our completely dysfunctional political culture).
Here’s what she has to say about the cost savings associated with moving from cars to bikes:
Imagine getting a $3,000 to $12,000 tax rebate this year. Now imagine it coming again and again. Every year it grows by around a thousand dollars.
Imagine how this would change your daily life.
Sounds like a teabagger’s wet dream, but it’s actually a conservative estimate of how much you’d save by ditching your car, or even just one of your cars — and getting on a bicycle instead.
Read the whole thing, which has links to some good studies. I’ll leave you to ponder the power of Bike-o-nomics with this graphic (click image for larger version).
One thought on “Bicycle Economics”
Hard to put a price on (not) getting run over, which is the main reason many people don’t ride bikes here in LA.