Zero American cities in world top-twenty bicycle friendly cities list - Business Insider

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The 2013 Copenhagenize Index of the world's most bike-friendly cities is out, and not a single American metropolis made the top 20.

That's a problem — and not just a health-related one, said Mikael Colville-Andersen, CEO of Copenhagenize, the consulting and communications company that published the Index.

By failing to embrace cycling culture, American cities are losing out on significant financial benefits, Colville-Andersen told Business Insider. Studies show that every kilometer cycled in Denmark earns the country €.23 (partly because cyclists have been shown to spend more money in local stores), he said.

And even with significant taxation of automobiles, every kilometer driven in Denmark costs the country €.16.