The traffic is designed for cars, which makes many red stops for bicycles completely stupid.
In abicycle you just have too much more control and awareness than in acar, so if the way is completely clear, you should be allowed to stop, look if the way is clear, and then run reds.
Of course, this does increase the chances of hitting pedestriansa little bit. But the risk change feels so little that it would be worth it. Studies quoted by Wikipedia corroborate. It just feels extremely unintuitive to make cyclists stop in certain places when the street is clear.