IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 01 Sep 2014 | Removal date: open ended
Still in force

Loan guarantee

Supported by Senator Harry Reid (Democrat-Nevada), the majority leader in the U.S. Senate, two government agencies are providing assistance to Fulcrum BioEnergy for a Sierra BioFuels Plant that will be located in Storey County, Nevada. As announced on September 19, 2014, the support includes a $70 million grant from the Department of Defense's Advanced Drop-in Biofuels Production Project, as well as a $105 million loan guarantee from the Department of Agriculture. The project will convert household garbage into jet and diesel fuels. The project stems from a policy adopted in 2011 by which the departments of defense, agriculture, and energy create partnerships with the private sector to produce advanced drop-in aviation and marine biofuels to power military and commercial transportation. The plant will produce more than 10 million gallons per year of advanced biofuels while diverting over 200,000 tons of garbage from landfills, according to Senator Reid, and will create over 500 engineering, construction, and operation jobs. The fuel produced by Sierra BioFuels will be sold at market prices. The product in question is potentially tradeable.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

241 Ethyl alcohol; spirits, liqueurs & spirits
2207 Undenatured ethyl alcohol of an alcoholic strength by volume of 80 % vol. or higher; ethyl alcohol and other spirits, denatured, of any strength.
220710 Undenatured ethyl alcohol of an alcoholic strength by volume of 80 % vol. or higher
341 Basic organic chemicals
2207 Undenatured ethyl alcohol of an alcoholic strength by volume of 80 % vol. or higher; ethyl alcohol and other spirits, denatured, of any strength.
220720 Ethyl alcohol and other spirits, denatured, of any strength
354 Chemical products n.e.c.
3824 Prepared binders for foundry moulds or cores; chemical products and preparations of the chemical or allied industries (including those consisting of mixtures of natural products), not elsewhere specified or included.
382410 Prepared binders for foundry moulds or cores
382430 Nonagglomerated metal carbides mixed together or with metallic binders
382440 Prepared additives for cements, mortars or concretes
382478 Containing perfluorocarbons (PFCs) or hydrofluorocarbons (HFCs), but not containing chlorofluorocarbons (CFCs) or hydrochlorofluorocarbons (HCFCs)
382490 Other
375 Articles of concrete, cement & plaster
3824 Prepared binders for foundry moulds or cores; chemical products and preparations of the chemical or allied industries (including those consisting of mixtures of natural products), not elsewhere specified or included.
382450 Nonrefractory mortars and concretes

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