DHA, HF Push For Tax Incentives For Biomass
Posted On
August 07, 2024
DHA joined the Hardwood Federation in filing comments with the Department of the Treasury urging federal officials to classify biomass as carbon neutral, thereby qualifying for new tax credits intended to promote clean electricity. This would benefit our industry by creating incentives to expand markets for wood residuals and help defray the cost of energy required for hardwood manufacturing and mills.
Read more: HF, DHA Response To Notice Of Proposed Rulemaking, Section 45Y Clean Electricity Production Credit And Section 48E Clean Electricity Investment Credit → | Section 45Y Clean Electricity Production Credit and Section 48E Clean Electricity Investment Credit →