Page:United States Statutes at Large Volume 121.djvu/1549

 121 STAT. 1528

PUBLIC LAW 110–140—DEC. 19, 2007 ‘‘(ii) at least 50 percent of such volume requirement for a single year, the Administrator shall promulgate a rule (within 1 year after issuing such waiver) that modifies the applicable volumes set forth in the table concerned for all years following the final year to which the waiver applies, except that no such modification in applicable volumes shall be made for any year before 2016. In promulgating such a rule, the Administrator shall comply with the processes, criteria, and standards set forth in paragraph (2)(B)(ii).’’.

SEC. 203. STUDY OF IMPACT OF RENEWABLE FUEL STANDARD. Contracts.

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(a) IN GENERAL.—The Secretary of Energy, in consultation with the Secretary of Agriculture and the Administrator of the Environmental Protection Agency, shall enter into an arrangement with the National Academy of Sciences under which the Academy shall conduct a study to assess the impact of the requirements described in section 211(o) of the Clean Air Act on each industry relating to the production of feed grains, livestock, food, forest products, and energy. (b) PARTICIPATION.—In conducting the study under this section, the National Academy of Sciences shall seek the participation, and consider the input, of— (1) producers of feed grains; (2) producers of livestock, poultry, and pork products; (3) producers of food and food products; (4) producers of energy; (5) individuals and entities interested in issues relating to conservation, the environment, and nutrition; (6) users and consumers of renewable fuels; (7) producers and users of biomass feedstocks; and (8) land grant universities. (c) CONSIDERATIONS.—In conducting the study, the National Academy of Sciences shall consider— (1) the likely impact on domestic animal agriculture feedstocks that, in any crop year, are significantly below current projections; (2) policy options to alleviate the impact on domestic animal agriculture feedstocks that are significantly below current projections; and (3) policy options to maintain regional agricultural and silvicultural capability. (d) COMPONENTS.—The study shall include— (1) a description of the conditions under which the requirements described in section 211(o) of the Clean Air Act should be suspended or reduced to prevent adverse impacts to domestic animal agriculture feedstocks described in subsection (c)(2) or regional agricultural and silvicultural capability described in subsection (c)(3); and (2) recommendations for the means by which the Federal Government could prevent or minimize adverse economic hardships and impacts. (e) DEADLINE FOR COMPLETION OF STUDY.—Not later than 18 months after the date of enactment of this Act, the Secretary shall submit to Congress a report that describes the results of the study under this section.

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