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
Arizona Groups Seek To Break ‘Biomass Bottleneck’
Arizona Groups Seek To Break ‘Biomass Bottleneck’ A group of local governments, timber industry representatives and environmental groups recently met with congressional leaders and U.S. Forest Service officials to indicate that Arizona’s forest health efforts and...
Investment Firm Angeleno Group Invests In NESTEC
OpportunitiesInvestment Firm Angeleno Group Invests In NESTECAngeleno Group, a Los Angeles-based investment firm providing venture capital and growth equity to clean energy and climate solutions companies, announced its investment in NESTEC, an equipment manufacturer...
U.S. Forest Service Announces New Funding Opportunities
U.S. Forest Service Announces New Funding OpportunitiesThe U.S. Department of Agriculture’s Forest Service has announced up to $95 million in competitive grant funding through its Wood Innovations program for projects that advance innovative wood uses, expand...
SFI President & CEO Kathy Abusow To Retire
Legacy Plant Converting To ‘Carbon Negative AI Factory’The Sustainable Forestry Initiative (SFI) has announced that President and CEO Kathy Abusow will retire in 2026, having led SFI through a period of significant expansion across North America, increasing reach,...
Find Us On Social
Subscribe to Our Newsletter
Wood Bioenergy News Online hits the inboxes of subscribers in the wood-to-energy sectors.
Subscribe/Renew
Wood Bioenergy is published and delivered worldwide 6 times per year. Free to qualified readers in the U.S. Subscribers outside the U.S. are asked to pay a small fee.
Advertise
Complete the online form so we can direct you to the appropriate Sales Representative.