California Rep. Kelly Introduces Bill To Incentivize New Biomass Facilities
During the July 15 Transportation & Infrastructure Committee hearing of the U.S. House of Representative Rep. Kevin Kiley (I-CA) introduced H.R. 9746, the Biomass Facility Construction Act. This legislation would create a tax credit totaling 30% of the cost of construction for biomass facilities and allow them to concurrently receive the existing tax credit for energy produced via biomass.
“Our forests are overgrown and in desperate need of cleanup,” Rep. Kiley said in his remarks, which his office posted on YouTube. “A large contributor to this heightened wildfire risk is the buildup of limbs, leaves, shrubs, bushes, and dead wood, otherwise known as biomass. When biomass accumulates in our forests, it creates more fuel for wildfire.”
A large part of wildfire mitigation efforts is cleaning up this biomass, but contractors struggle with disposing of this material because there aren’t enough biomass facilities to bring it to. To help address the lack of facilities, this legislation provides a tax credit for biomass facility construction and energy production. This will lead to the construction of more biomass facilities, creating more access for contractors to offload this material and lower the costs of wildfire mitigation efforts.
Latest News
Universal Forest Products Acquires Texas Lumber Firm
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); A subsidiary of Grand Rapids-based Universal Forest Products Inc. (UFPI) has acquired certain assets of Dallas-based Bigs Packaging and Lumber LLC, the company announced today. Founded in 2011, Bigs Packaging is…
Demand For New Hampshire Timber Is Global
Loaded logging trucks: We see them all the time on New Hampshire roads and highways. Have you ever wondered where all those logs are headed? When we explored this question at the Forest Society, the…
North American Hardwood Exports Stagnate Along With Global Economy
In October, stagnant to deteriorating economic conditions reduced North American hardwood exports to some markets, and curtailed growth to several others. Most notably, European markets were quieter in October amid growing economic anxiety. Japanese demand…
USDA Offers $2 Million For Taller Timber Building Designs
A competition run by the United States Department of Agriculture (USDA) is offering a $2 million prize for new design ideas that will allow taller wood structures to be built in the country. The Tall…
Find Us On Social
Newsletter
The monthly Timber Processing Industry Newsletter reaches over 4,000 mill owners and supervisors.
Subscribe/Renew
Timber Processing is delivered 10 times per year to subscribers who represent sawmill ownership, management and supervisory personnel and corporate executives. Subscriptions are FREE to qualified individuals.
Advertise
Complete the online form so we can direct you to the appropriate Sales Representative.