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It doesn't have to be shipped across the ocean or----

I have always thought one of the important parts about pellets and this whole use of wood energy is, and you made this point, this is energy that comes from here.

We want to credit the Governor and the leadership of the Administration for that. I think that is a good sign.

I have always thought of plants like yours as a kind of insurance policy because you have a more stable fuel price.

So you are selling power into the grid, essentially, on a day-to-day market rate?

That is essential, isn't it? I mean, you couldn't finance without some stable source of revenue.

Any of you who have not visited the Composites Center at the University of Maine in Orono, it is just amazing what they are doing there.

I can't resist asking--isn't the Composites Center at the University a cool place?

We're in the midst of an energy revolution and that the islands are Bunker Hill.

That is something that Lisa Murkowski and I have been trying to address together.

One of the interesting things about Alaska that I learned when I went to Bethel, Alaska, with Senator Murkowski, was that Alaska largely has no grid.

FERC also does not properly value baseload sources of energy, facilities that run consistently and are needed to supplement intermittent sources like wind and solar.

Pursue federal policy parity across renewables. Biomass provides forest management services it is not compensated for and competes in an unfair marketplace in which other renewable forms of energy receive Section 45 production tax credits…

I urge the Committee to join him in supporting the biomass energy sector, generally, so our projects are more sustainable and able to pursue projects like co-location projects that make use of combined heat and power.

Senator King and Senator Collins' efforts to recognize the carbon neutrality of biomass have also been greatly appreciated.

Stable, federal policy that recognizes and supports the benefits of CHP plants such as our own, is imperative.

I want to thank you for your support of the Timber Innovation Act which is helpful for the mass timber and other products and new markets for wood.

You are doing great. You are working on a bipartisan basis. You are taking this very seriously.