American Energy Security/SSEB Recommendations for S 3325
back to legislative initiatives
  • Loan guarantees for the first ten coal-to-liquid (CTL) plants up to a total of 100,000 barrels of production per day. SSEB recommends reducing the minimum size of at least two qualifying plants from 10,000 barrels-per-day to 5,000 barrel-per-day so as not to exclude smaller CTL plant developers.
  • Dollar-for-dollar matching loans of up to $20 million for front end engineering and design.
  • Expanded plant siting at current and former federal facilities. SSEB recommends expedited procedures for military bases such as Fort Knox, with clear and streamlined authority perhaps vested largely with each respective base commander for any on-base energy program/initiative that advances national energy security and independence, including CTL plants.
  • Investment tax credit and expensing.
  • Fuel excise tax extension for CTL to December 1, 2020. SSEB recommends the inclusion of oil shale and alternative liquid fuels produced from biomass that are not already covered.
  • Construction of distributed strategic petroleum reserve storage facilities for CTL and authority to hold up to 20 percent of the reserve in the form of CTL. SSEB recommends up to 50 percent, including all appropriate alternative liquid fuels.
  • Funding authorization for the Air Force CTL R&D and testing program. SSEB recommends that this amount be expanded to $300 million, to meet program needs, and includes all appropriate alternative liquid fuels (at the discretion of the DoD) for aviation, ground vehicle and ship use.
  • Authorization of Department of Defense contract authority up to 25 years. SSEB recommends that the language clearly provides for alternative liquid fuel purchases, including CTL.
  • SSEB general recommendation : authorize biomass as a co-feedstock with coal for qualifying CTL facilities, operations and fuels covered by the Bunning “Coal-to-Liquid Fuel Promotion Act of 2006.” We believe that adding a biomass renewable to the Senator’s bill is a win for coal, for the agricultural community, and for America.