Section 3430.701 - PurposeIn carrying out the program, NIFA, in cooperation with the Department of Energy, is authorized to make competitive awards under section 9008(e) of FSRIA (7 U.S.C. 8108(e) ) to develop:
(a) Technologies and processes necessary for abundant commercial production of biofuels at prices competitive with fossil fuels;(b) High-value biobased products-(1) To enhance the economic viability of biofuels and power,(2) To serve as substitutes for petroleum-based feedstocks and products, and(3) To enhance the value of coproducts produced using the technologies and processes; and(c) A diversity of economically and environmentally sustainable domestic sources of renewable biomass for conversion to biofuels, bioenergy, and biobased products. 75 FR 33498 , June 14, 2010, as amended at 76 FR 38549 , July 1, 2011