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Biomass Energy Blog
Viewing entries tagged Renewable Energy
BTEC Issues Support for President Obama’s Energy Outlook, Urges Thermal Recognition and Extending Incentives
Posted by AESI
on Wednesday, 25 January 2012
in Biomass Energy News
·
0 Comments
WASHINGTON, January 25 – Today, the Biomass Thermal Energy Council (BTEC) expressed its support for President Obama’s State of the Union commitment to homegrown and clean energy sources. In the address, President Obama discussed the importance of tapping into America’s vast energy and technology resources to meet the nation’s energy needs and build the economy.
“We welcome President Obama’s call for an all-of the-above strategy to develop American energy,” said Joseph Seymour, BTEC Executive Director. “Creating local jobs and reducing our nation’s dependence on foreign oil have always been part of BTEC’s mission. We look forward to working with his administration in meeting these goals through the utilization of one of America’s most abundant renewable resources – biomass.”
In his remarks, President Obama urged Congress to pass clean energy tax credits. Such credits include a tax credit for the installation of a biomass-fueled stove, which expired on December 31st, 2011 and has yet to be extended. Another incentive is S. 1914, which was introduced by Sen. Olympia Snowe during the first session of the 112th Congress. The bill would create a performance-based home energy improvement credit that would reward heating cost reductions, among other measures. Other programs that have been successful in advancing biomass thermal energy include the Rural Energy for America Program (REAP) and the Advanced Biofuel Producer Payment Program from the 2008 Farm Bill.
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U.S. Renewable Energy Goal Doable, UT Researchers Say
Posted by AESI
on Tuesday, 21 November 2006
in Biomass Energy News
·
0 Comments
By Duncan Mansfield
KNOXVILLE — As many as 100 million acres of cropland and pastures would have to be dedicated to cultivating biomass fuels like switchgrass to support a national goal of 25 percent renewable energy use by 2025, a University of Tennessee study says.
Moreover, new commercial technologies will be needed to turn switchgrass, wheat, rice and forest products into ethanol fuel, now principally made from corn, and their byproducts into feedstock for power generation.
But the rewards could be great.
The study projects $700 billion in new economic activity, including: a $180 billion growth in net farm income over the next 20 years; creation of 5.1 million jobs to support renewable energy enterprises; and government savings of more than $15 billion in crop subsidies.
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