Page:United States Statutes at Large Volume 119.djvu/1140

 119 STAT. 1122

PUBLIC LAW 109–58—AUG. 8, 2005

(4) LIQUEFACTION PROJECT.—Notwithstanding any other provision of law, funds awarded under the clean coal power initiative under subtitle A of title IV for coal-to-oil liquefaction projects may be used to finance the cost of loan guarantees for projects awarded such funds. (d) EMISSION LEVELS.—In addition to any other applicable Federal or State emission limitation requirements, a project shall attain at least— (1) total sulfur dioxide emissions in flue gas from the project that do not exceed 0.05 lb/MMBtu; (2) a 90-percent removal rate (including any fuel pretreatment) of mercury from the coal-derived gas, and any other fuel, combusted by the project; (3) total nitrogen oxide emissions in the flue gas from the project that do not exceed 0.08 lb/MMBtu; and (4) total particulate emissions in the flue gas from the project that do not exceed 0.01 lb/MMBtu. (e) QUALIFICATION OF FACILITIES RECEIVING TAX CREDITS.— A project that receives tax credits for clean coal technology shall not be disqualified from receiving a guarantee under this title. 42 USC 16514.

SEC. 1704. AUTHORIZATION OF APPROPRIATIONS.

(a) IN GENERAL.—There are authorized to be appropriated such sums as are necessary to provide the cost of guarantees under this title. (b) USE OF OTHER APPROPRIATED FUNDS.—The Department may use amounts awarded under the clean coal power initiative under subtitle A of title IV to carry out the project described in section 1703(c)(1)(C), on the request of the recipient of such award, for a loan guarantee, to the extent that the amounts have not yet been disbursed to, or have been repaid by, the recipient.

TITLE XVIII—STUDIES SEC. 1801. STUDY ON INVENTORY OF PETROLEUM AND NATURAL GAS STORAGE.

(a) DEFINITION.—For purposes of this section ‘‘petroleum’’ means crude oil, motor gasoline, jet fuel, distillates, and propane. (b) STUDY.—The Secretary shall conduct a study on petroleum and natural gas storage capacity and operational inventory levels, nationwide and by major geographical regions. (c) CONTENTS.—The study shall address— (1) historical normal ranges for petroleum and natural gas inventory levels; (2) historical and projected storage capacity trends; (3) estimated operation inventory levels below which outages, delivery slowdown, rationing, interruptions in service, or other indicators of shortage begin to appear; (4) explanations for inventory levels dropping below normal ranges; and (5) the ability of industry to meet United States demand for petroleum and natural gas without shortages or price spikes, when inventory levels are below normal ranges. (d) REPORT TO CONGRESS.—Not later than 1 year after the date of enactment of this Act, the Secretary shall submit a report

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