How much is Life Worth?

The article discusses issues related to the U.S. Environmental Protection Agency's (EPA) use of cost figures when calculating the benefit versus the cost of a proposed rule or to establishing standards. A study conducted by the Associated Press revealed that the EPA has lowered the cost of a proposed rule by almost $1 million over the last five years in their calculations. According to the U.S. Court of Appeals for the District of Columbia Circuit, the EPA overstepped its authority by implementing the cap-and-trade rule for sulfur dioxide and nitrogen oxide.