In 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]