EPA "Head" Scott Pruitt Discounts The Value Of Human Life (Literally)
In doing cost-benefit analyses of new rules, experts account for auxiliary benefits of those rules. For example, the goal of the EPAs Clean Power Plan a target for Pruitt is to reduce heat-trapping carbon pollution from coal-fired power plants. But, in prompting utilities to switch away from coal to cleaner energy sources like wind and solar, the measure would also reduce emissions of particulate matter, sulfur dioxide and other pollutants, saving thousands of lives. These saved lives are counted as co-benefits.
Federal agencies must assign a monetary value to a human life when performing cost-benefit analyses. That valuation varies slightly from agency to agency, but the rough consensus is that an American life is worth a little more than $9 million. That is significant when considering a new rules impact on industry. The Clean Power Plan, for example, would cost the coal sector billions of dollars, but it would save the country billions more by guarding public health.
Under Pruitts proposal, the EPA wouldnt deny that the Clean Power Plan could save around 4,500 lives each year a fact it currently acknowledges. Rather, when tallying up the benefits of reducing pollution, those lives simply would not count. In short, the man charged with protecting Americans health believes that, when performing a cost-benefit analysis, the EPA should not consider the value of saving American lives.
cleantechnica.com/2018/05/08/epa-head-scott-pruitt-discounts-the-value-of-human-life-literally