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
Oregon’s Zip-O-Log Mills Celebrates 80th Anniversary
Zip-O-Log Mills, Inc., a proud member of the Pacific Northwest lumber industry, is celebrating its 80th anniversary in 2024. This significant milestone marks four generations of dedication to quality, innovation, and exceptional service. Founded in…
Element5 Chooses Pinomatic For Glulam Expansion
Pinomatic is delivering a glulam line and sorting line infeed to the Element5 mass timber facility in St. Thomas, Ontario. The project delivery in North American market represents yet another big step for Pinomatic, which…
Progress Industries No-Slot Chipper
The Progress Industries “No-Slot” chipper is the newest addition to a growing line of wood utilization equipment. The “No-Slot” chipper is a combination of old principles and new ones. It is a new concept, which…
Arizona Operation Gains Funding
Restoration Forest Products Group, which previously operated as New Life Forest Products and before that as Good Earth Power, reported earlier this year it has received $95 million in additional financing from funds managed by…
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.