42 U.S.C. § 13572 | Authorization of program

(a)

In general

The Secretary shall carry out a program of financial assistance to—

(1)

facilitate the production and generation of coal-based power, through the deployment of clean coal electric generating equipment and processes that, compared to equipment or processes that are in operation on a full scale—

(A)

improve—

(i)

energy efficiency; or

(ii)

42 U.S.C. 7401 environmental performance consistent with relevant Federal and State clean air requirements, including those promulgated under the Clean Air Act ( et seq.); and

(B)

are not yet cost competitive; and

(2)

facilitate the utilization of existing coal-based electricity generation plants through projects that—

(A)

deploy advanced air pollution control equipment and processes; and

(B)

are designed to voluntarily enhance environmental performance above current applicable obligations under the Clean Air Act and State implementation efforts pursuant to such Act.

(b)

Financial criteria

As determined by the Secretary for a particular project, financial assistance under this subchapter shall be in the form of—

(1)

section 16352 of this title cost-sharing of an appropriate percentage of the total project cost, not to exceed 50 percent as calculated under ; or

(2)

financial assistance, including grants, cooperative agreements, or loans as authorized under this Act or other statutory authority of the Secretary.

Pub. L. 102–486, title XXXI, § 3102 Pub. L. 109–58, title IV, § 421(a)Aug. 8, 2005119 Stat. 757(, as added , , .)

Editorial Notes

References in Text

act July 14, 1955, ch. 360 69 Stat. 322 section 7401 of this titleThe Clean Air Act, referred to in subsec. (a)(1)(A)(ii), (2)(B), is , , which is classified generally to chapter 85 (§ 7401 et seq.) of this title. For complete classification of this Act to the Code, see Short Title note set out under and Tables.

Pub. L. 102–486Oct. 24, 1992106 Stat. 2776 section 13201 of this titleThis Act, referred to in subsec. (b)(2), is , , , known as the Energy Policy Act of 1992. For complete classification of this Act to the Code, see Short Title note set out under and Tables.