Factsheet: Agricultural Act of 2014: BIOREFINERY ASSISTANCE

Agricultural Act of 2014: BIOREFINERY ASSISTANCE

Key Information
Full name of Instrument & Measure (English): 
Agricultural Act of 2014: SEC. 9003. BIOREFINERY ASSISTANCE
Description: 
SEC. 9003. BIOREFINERY ASSISTANCE: - concerns program adjustments by inserting the following ‘renewable chemicals, and biobased product manufacturing’’; The term ‘biobased product manufacturing’ means development, construction, and retrofitting of technologically new commercial-scale processing and manufacturing equipment and required facilities that will be used to convert renewable chemicals and other biobased outputs of biorefineries into end-user products on a commercial scale. - concerns mandatory funding by loan garantees.
Goal/Aim: 
Rules for agricultural practices. Stimulate biobased materials.
Responsible Authority: 
U.S. Department of Agriculture

Status:

Trade Relevance: 
Policies stimulating domestic use of biomass => availability for export
Year Instrument & Measure Started: 
2014
Year Instrument & Measure Ended: 
2019