April 2000

Trends and Resources

HP Impact: HPImpact: Sulfur standards reap big benefits

U.S. taxpayers have received a high return on their investment in measurement standards for fossil fuels. These saved $113 for every dollar spent, while enhancing environmental quality, according to a..

Weirauch, Wendy, Hydrocarbon Processing Staff

U.S. taxpayers have received a high return on their investment in measurement standards for fossil fuels. These saved $113 for every dollar spent, while enhancing environmental quality, according to a new economic impact study by the Center for Economic Research of the Research Triangle Institute, a non-profit science and technology organization. National Institute of Standards and Technology (NIST) measurement standards for sulfur in fossil fuels have produced a net value to society of more than $409 million since 1984. NIST spent $3.6 million to develop the standard reference materials (SRMs) for sulfur in fossil fuels. Environmental benefits are estimated at $78 million.

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