New Hampshire’s Congressional Delegation Co-sponsors the BTU Act of 2021
The Biomass Thermal Utilization Act (BTU Act) aims to promote the use of high-efficiency biomass thermal technologies by expanding the list of renewable energy technologies that currently benefit from investment tax credits under the federal tax code. Under current law, this investment credit currently applies to biomass thermal for residential homes, solar thermal and geothermal technologies, but not to biomass thermal for businesses. The BTU Act would correct this shortcoming in the law.
Cong. Anne Kuster, Cong. Chris Pappas, Senator Jeanne Shaheen and Senator Maggie Hassan are all co-sponsors of the bill.
The Forest Society supports the BTU Act because increased demand for wood pellets and chips helps to maintain the market for the byproducts of sustainable forestry.
By helping private forest landowners offset the costs of long-term stewardship, we can help keep New Hampshire’s forests as forests.
- We would encourage readers to thank the NH Congressional delegation for their support.