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U.S. Department of Energy
Office of Scientific and Technical Information

Economic benefits of the marine biomass program at GRI (Gas Research Institute. ) Annual report, September 1982-June 1983

Technical Report ·
OSTI ID:7202795
The overall economic benefits that will occur if marine biomass is successful are substantial; however the probability of achieving those benefits is assumed by GRI to be relatively small. Using a five percent real discount rate, the value of overall economic benefits if marine biomass succeeds rather than fails is 42.69 billion dollars. The benefits specifically attributable to GRI, using a five percent real discount rate and GRI's existing activities in marine biomass, is 7.88 billion dollars. GRI's R D activities can achieve roughly 18 percent of the maximum possible expected benefits.
Research Organization:
Decision Focus, Inc., Los Altos, CA (USA)
OSTI ID:
7202795
Report Number(s):
PB-90-142266/XAB
Country of Publication:
United States
Language:
English