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A human life is worth $6.2 million, Amar said, referring to a value that was used by EPA in the past. What do you need -- about 150 people to die? And that's a billion dollars.
The EPA wanted to soften âvalue of a statistical lifeâ to âvalue of mortality riskâ (lame!) but a science advisory board nixed that on Thursday. The EPA also proposed changing person-value from $7.9 million to â7.90 per micro-risk per person per year.â Micro-risk meaning one in a million. This way âweâre not putting a value on a human life,â as the EPAâs chief environmental economist told the AP.