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January 20, 2016 02:00 pm

Estimating Damages From the VW Emissions Scandal

ckwu writes: Last year, the news broke that in the U.S. almost 600,000 Volkswagen diesel vehicles, model years 2009 to 2015, contain software that altered engine performance and lowered emissions of toxic nitrogen oxides (NOx) during emissions tests but not during normal driving. A new study calculates the societal impact of this extra NOx: 46 excess expected deaths and $430 million in excess damages. U.S. regulators have filed a federal lawsuit against the automaker alleging violations of the Clean Air Act.

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