May 23, 2023 1 min read

Consumer Organizations Support the CPSC’s Proposed Guidance for Estimating Value per Statistical Life (VSL)

CFA TC

Several consumer organizations offer support for the CPSC’s draft guidance for estimating value per statistical life (VSL) because of the agency’s emphasis on promulgating strong safety standards to protect people from serious injury or death. They view this proposed guidance as especially vital because it helps the CPSC fulfill its mandate to protect children. Society properly places a high value on children’s lives and prioritizes efforts to protect children from the risk of death. As such, they urge the CPSC to establish final guidance that reflects the higher value society places on children’s lives and adopt a child-specific VSL that is at least twice the value as the VSL for adults.

Our Subject Matter Experts

Related Articles

CFA TC
May 28, 2026 / Testimony & Comments
139 Stakeholders Urge Congress to Protect the Consumer Product Safety Commission
CFA TC
May 01, 2026 / Testimony & Comments
CFA Joins 40 Groups Calling on Congress to Center Workers in Federal AI Legislation
CFA TC
March 04, 2026 / Testimony & Comments
CFA and Consumer Groups Submit Comments to CPSC Regarding SaferProducts.gov
CFA TC
March 04, 2026 / Testimony & Comments
CFA and Consumer Reports Submit Comments Regarding Furniture Labels and Information Collection