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
Drax Can See End Of Coal Operations
Almost 50 years of coal-fired electricity generation at Drax Power Station in the UK is expected to come to an end in March 2021, marking a major milestone in the company’s world-leading ambition to become…
Wood Bioenergy Conference Featured 28 Speakers
Twenty-eight speakers, 46 equipment exhibitor companies, and three university exhibitors participated in the sixth Wood Bioenergy Conference & Expo held March 10-11 at the Omni Hotel at CNN Center. Attendance, including speakers, exhibitor personnel, producers,…
MoistTech Has This Moisture Thing Figured Out
MoistTech Corp. is a leading global manufacturer of moisture measurement sensors and equipment, first established in 2003 by Director John Fordham alongside two other fellow engineers. The company has its head office in Sarasota, Florida,…
Pinnacle CEO Rob McCurdy Is Retiring
Pinnacle’s Rob McCurdy addresses the Wood Bioenergy Conference & Expo in 2018 Pinnacle Renewable Energy announced that Rob McCurdy has notified the company’s Board of Directors of his intention to retire as Chief Executive Officer…
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.