Social standards for the feedstock and biofuel production will impact the competitivness even more, since the legal framework to ensure working standards is often less stringent in developing countries. The US Food, Conservation, and Energy Act of 2008 for instance, provides a total volume of more than USD 1 billion for biofuel and bioenergy related projects, including specific provisions to develop second-generation biofuel production. It includes tax credits of USD 0.27/liter for cellulosic biofuel, loan guarantees for biofuel plants and funding for the establishment of lignocellulosic biomass crops.