STUDY COULD HARM EPA BENEFIT TALLIES, SPUR FUROR OVER SENIOR CITIZENS

A National Academies panel is preparing to unveil a study long-sought by departing White House regulatory chief John Graham that could help the Office of Management & Budget (OMB) implement a controversial approach for assessing the effectiveness of health regulations. However, the study could reignite criticisms from EPA staff, environmentalists and senior citizens' groups who say the cost-effectiveness approach ignores ecological and other non-monetary benefits that EPA often uses to justify strict standards and devalues the lives of those with...