"The Biomass Crop Assistance Program (BCAP) is intended to assist with some of the feedstock supply challenges facing the cellulosic biofuels industry. One ongoing hurdle for cellulosic biofuels development and manufacturing is the need for a constant supply of available biomass. However, the cellulosic biofuels industry has struggled with the quintessential 'chicken and egg' problem--investors are reluctant to invest in processing plants based on a technology (i.e., the conversion of cellulosic biomass to biofuels) that has yet to achieve success at a commercial scale, while producers are unwilling to devote land and resources to planting a dedicated biomass crop without nearby biofuels plants to buy it. In other words, the development of a cellulosic biofuels industry hinges simultaneously on the effective availability and use of new biomass feedstocks. This report provides a description of BCAP's main components--annual & establishment payments, matching payments, and project areas--as outlined in USDA's final rule, along with a discussion of program funding and implementation issues."
CRS Report for Congress, R41296
The National Agricultural Law Center: http://www.http://nationalaglawcenter.org/