US devalues life by $1 million
The decision will lead to less life protecting regulations and more pollution
the us Environmental Protection Agency (epa) has lowered the value of a statistical life from us $7.8 million five years ago to us $ 6.9 million today. The alarming drop was a chance discovery by an Associated Press reporter after scavenging through a series of epa documents filed over the last 12 years.
Experts are worried since the depreciation has far reaching consequences on pollution related regulations.
Unlike the factors commonly used in insurance claims and lawsuits, to figure out the