42 U.S.C. § 13572. Authorization of program
- (a)(a)
In general
The Secretary shall carry out a program of financial assistance to—
- (1)(a)(1)
facilitate the production and generation of coal-based power, through the deployment of clean coal electric generating equipment and processes that, compared to equipment or processes that are in operation on a full scale—
- (A)(a)(1)(A)
improve—
- (i)(a)(1)(A)(i)energy efficiency; or
- (ii)(a)(1)(A)(ii)environmental performance consistent with relevant Federal and State clean air requirements, including those promulgated under the Clean Air Act (42 U.S.C. 7401 et seq.); and
- (B)(a)(1)(B)are not yet cost competitive; and
- (2)(a)(2)
facilitate the utilization of existing coal-based electricity generation plants through projects that—
- (b)(b)
Financial criteria
As determined by the Secretary for a particular project, financial assistance under this subchapter shall be in the form of—
- (1)(b)(1)cost-sharing of an appropriate percentage of the total project cost, not to exceed 50 percent as calculated under section 16352 of this title; or
- (2)(b)(2)financial assistance, including grants, cooperative agreements, or loans as authorized under this Act or other statutory authority of the Secretary.
(Pub. L. 102–486, title XXXI, § 3102, as added Pub. L. 109–58, title IV, § 421(a), Aug. 8, 2005, 119 Stat. 757.)