By contrast, the WHO standard is 60, China's standard is 50, and the US standard is 80. This estimate implicitly assumes that the actual discount rate in China is higher, and that the increment is equal to the expected growth rate in real wages for a currently-employed worker. For comparison, it is not uncommon to see public policy decisions in the U.S. reflect 'statistical life' values of several million dollars. As we have seen, the MAC schedule for non-SOE plants is always far lower than the SOE schedule. A targeted regulatory strategy could, of course, exploit this difference to capture the largest returns from stricter enforcement for the least-cost plants.
Many facilities have multiple emission sources.
The database includes information on treatment, emissions by pollutant, abatement, and abatement costs for each emission source.