Impact and Potential of the Residential Wood Heating Tax Credit

When:
May 27, 2021 @ 1:00 pm – 3:00 pm
2021-05-27T13:00:00-04:00
2021-05-27T15:00:00-04:00
Where:
online
Cost:
$0 to $100
Contact:
Peter Thompson
202 596-9743 X02

 

The Biomass Thermal Energy Council (BTEC) is holding the 2021 Biomass Thermal Summit as a series of weekly programs on Thursdays between May 6th and June 10th  to discuss the contributions that biomass thermal energy can make to mitigate climate change and to discuss policy and regulatory solutions to expand the industry’s beneficial impacts, create new markets for woody biomass resources and the environmental benefits of closed-loop forestry and agricultural industry.

Biomass for heat provides a locally sourced, renewable heating fuel for homes, businesses and municipalities across the country, enabling the transition away from fossil fuels for heat. The inclusion of biomass heating technologies in federal tax, natural resource, and energy policy aids in achieving climate, air quality and environmental goals. The purpose of this Summit is to continue the dialogue between the industry and federal policymakers on the role of wood heating as a decarbonization pathway for thermal energy.

The fourth session of the Summit will be held on Thursday, May 27th at 1 pm to discuss the Impact and Potential of the Residential Wood Heating Tax Credit

The 26% tax credit for high efficiency wood and pellet heaters is expected to drive more sales of the more expensive and more efficient heaters. This panel will look at how well it will achieve its intended results, and how it may fall short. Should incentives be based on efficiency, instead of emissions, or be more targeted in other ways? Could this incentive be paired with a national change-out program?

Speakers:

  • Moderator: John Ackerly, President, Alliance for Green Heat
  • Mark Shmorhun, Technology Manager, Bioenergy Technologies Office at the U.S. Department of Energy
  • TBD, Maine Energy Systems (invited)
  • TBD, Travis Industries (invited)

To take part in the Summit, register at https://ttc.swoogo.com/2021BTECThermalSummit

BTEC members, government agency representatives and academic researchers can register for free.