California Rep. Kiley 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
Crown Will Review WorkSafeBC Sawmill Blasts Case
WorkSafeBC completed its investigations into the explosion on January 20, 2012 at the Babine Forest Products Co. sawmill in Burns Lake and the explosion on April 23, 2012 at Lakeland Mills Ltd. Sawmill in Prince…
Louisiana Fraud Lumber Stamp User Pays Big Bucks
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); Pacific Lumber Inspection Bureau has agreed to an out of court settlement in a trademark infringement claim the organization had made against a company in the Southern U.S. for unauthorized use…
Southern Parallel Forest Products Plans Alabama Sawmill Operation
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); Canadian-based Southern Parallel Forest Products Corporation, a firm producing Southern Yellow Pine dimensional lumber, plans to open a sawmill later this year in Albertville, Alabama, employing 130 workers. “We are pleased…
North American Lumber Prices Forecast To Soar In 2013 and Reach Record Highs In 2014
A new five-year outlook shows that supply and demand conditions in wood products for the long-awaited ‘super-cycle’ are now taking hold, with the full impact still some 3+ years away. With the return of a…
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.