Page:United States Statutes at Large Volume 106 Part 4.djvu/223

 PUBLIC LAW 102-486—OCT. 24, 1992 106 STAT. 2959 (2) by inserting after paragraph (3) the following new paragraph: "(4) ALCOHOL FROM BIOMASS. —(A) In general, the goal of the Alcohol From Biomass Program shall be to advance research and development to a point where alcohol from biomass technology is cost-competitive with conventional hydrocarbon transportation fuels, and to promote the integration of this technology into the transportation fuel sector of the economy. "(B)(i) Specific goals for producing ethanol from biomass shall be to— "(I) reduce the cost of alcohol to 70 cents per gallon; "(II) improve the overall biomass carbohydrate conversion efficiency to 91 percent; "(III) reduce the capital cost component of the cost of alcohol to 23 cents per gallon; and "(IV) reduce the operating and maintenance component of the cost of alcohol to 47 cents per gallon, "(ii) Specific goals for producing methanol from biomass shall be to— "(I) reduce the cost of alcohol to 47 cents per gallon; and "(II) reduce the capital component of the cost of alcohol to 16 cents per gallon."; and (3) in paragraph (5), as so redesignated by paragraph (1) of this subsection, by inserting "Biodiesel Energy Systems," after "Biofuels Energy Systems,. (c) NATIONAL RENEWABLE ENERGY AND ENERGY EFFICIENCY MANAGEMENT PLAN.— Section 9(b) of the Renewable Energy and Energy Efficiency Technology Competitiveness Act of 1989 (42 U.S.C: 12008(b)) is amended— 42 USC 12006. (1) in paragraph (1) by inserting "three-year" before "management plan"; and (2) by striking paragraph (5) and inserting in lieu thereof the following new paragraphs: "(5) In addition, the Plan shall— "(A) contain a detailed assessment of program needs, objectives, and priorities for each of the programs authorized under section 6 of this Act; "(B) use a uniform prioritization methodology to facilitate cost-benefit analyses of proposals in various program areas; "(C) establish milestones for setting forth specific technology transfer activities under each program area; ^D) include annual and five-year cost estimates for individual programs under this Act; and "(E) identify program areas for which funding levels have been changed from the previous year's Plan. "(6) Within one year after the date of the enactment of the Energy Policy Act of 1992, the Secretary shall submit a revised management plan under this section to Congress. Thereafter, the Secretary shall submit a management plan every three years at the time of submittal of the President's annual budget submission to the Congress.". (d) CONFORMING AMENDMENTS.— The Renewable Energy and Energy Efficiency Technology Competitiveness Act of 1989 (42 U.S.C. 12001 et seq.) is further amended— (1) in section 2(b)— 42 USC 12001.

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