On the recordMay 22, 2013
Mr. President, I rise today in support of energy innovation, energy independence, national security, and local economies. The legislation I am introducing, the Biomass Thermal Utilization Act of 2013--known as the BTU Act--would give tax parity to biomass heating systems under sections 25d and 48 of the Internal Revenue Code and would help to encourage a very promising industry. By adding biomass heating systems to the eligible renewable technologies for residential and commercial tax credits, we can help make clean, home-grown heating more cost effective for hard-working Americans. By way of example, Maine has the highest home heating oil dependence of any State in the country--and nearly 80 cents of every $1 spent on heating oil goes out of State. Much of this money also leaves the country and goes to nations that are less than friendly with the U.S. Yet we have plenty of renewable heating sources here at home. In Maine, wood pellet boilers are the most widely used biomass heating systems. Wood pellet boilers run on trees grown in the State, cut by local loggers, processed into pellets in local mills, then purchased and used to heat local homes. Nearly every single heating dollar stays within the local economy. This supports good-paying jobs, working, productive forests, and it helps move the country toward energy independence. We are not talking about traditional woodstoves here. These are highly innovative, clean-burning systems that are simple to run.…





