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A statistical life is worth $1-10 million, and this policy costs $127 * 4 million trucks (not counting fuel), so $1.25 million per life the first year and less
by Noumenon72 3y ago
A statistical life is worth $1-10 million, and this policy costs $127 * 4 million trucks (not counting fuel), so $1.25 million per life the first year and less after that. So it may be a logical argument couched in emotional terms.
Perhaps the trucking companies' position is a negotiating tactic too. I don't see why they should have to pay the entire cost of a solution that benefits society more than themselves; that's what taxes are for.
- seizethecheese 3y agoDo you really believe that it will cost $125, including installation? It’s probably a large multiple of that. Add in the aerodynamics, and it might not pass the cost/benefit analysis.
- Symbiote 3y agoIt should be easy to find out. The side and rear bars have been mandatory in Europe for decades, and are available as an option where European vehicles are sold abroad.
- midasuni 3y agoWhy shouldn’t they pay for the externalities they cause?