Alcohol Fuels: Hearings Before the Subcommittee on Advanced Energy Technologies and Energy Conservation Research, Development and Demonstration of the Committee on Science and Technology, U.S. House of Representatives, Ninety-fifth Congress, Second Session, July 11, 12, and 13, 1978

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Page 584 - Administration : statutes and legislative histories / prepared for the Subcommittee on Advanced Energy Technologies and Energy Conservation Research, Development, and Demonstration of the Committee on Science and Technology, US House of Representatives, Ninety-fifth Congress, second session ; by the Science Policy Research Division, Congressional Research Service, Library of Congress.
Page 375 - Total energy content of the products and byproducts manufactured in the operation must exceed the total energy input from fossil fuels used in the manufacture of such products and byproducts. For projects which propose to operate using raw materials or feedstocks which are residues of crop, forestry, or animal production or which constitute agricultural commodities of below market grade, only the energy used for the collection and for the process of conversion to hydrocarbons or alcohols will be...
Page 375 - ... (c) No loan may be guaranteed under this section unless (1 ) research indicates the total energy content of the products and byproducts to be manufactured by the loan applicant will exceed the total energy input from fossil fuels used in the manufacture of such products and byproducts, and (2) such other conditions as the Secretary deems appropriate to achieve the purposes of this section are met.
Page 379 - Mandatory purchase of flood insurance. The Flood Disaster Protection Act of 1973 (Pub. L. 92-234) may require purchase by the borrower of flood insurance as a condition of receiving a guaranty on loans for acquisition or construction purposes in an identified flood plain area having special flood hazards.
Page 377 - A description of salaries (and other financial remuneration including profit sharing and stock options) to be paid to officers and employees of the borrower that are, or will be. directly associated with the project...
Page 379 - Of any failure, known to the lender, by an intended source of capital to honor its commitment; (5) Of any failure by the borrower, known to the lender, to comply with terms and conditions as set forth in the loan agreement or guaranty agreement...
Page 314 - Biomass" includes, for example, such diverse materials as the grain and stalks of corn, wheat, and rice; cottonseed hulls; fruits and vegetables and their processing byproducts and residues; poultry and livestock manures and residues; wood products including bark, pulp, chips, and residues from logging and paper manufacturing; aquatic plants; and specific energy-farm crops. (c) An industrial hydrocarbon must chemically consist of carbon plus hydrogen as the major constituent. (d) Alcohols are a class...
Page 377 - The lender and borrower shall provide information in support of the application such as described by the following items: (1) Full description of the scope, nature, extent, and location of the proposed project. (2) A written affirmation by the lender supporting the necessity for a Federal loan guaranty. (3) Evidence supporting the borrower's ability to complete the project in a timely and efficient manner. (4) Agreed upon interest rate to be charged by the lender. (5) Period of repayment not to exceed...
Page 325 - Analysis, the statistics unit of the Economics, Statistics, and Cooperatives Service of the US Department of Agriculture (USDA), and the National Center for Health Statistics.

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