ARRA energy projects announced
These 30 projects, funded at $57 million – $49 million for wood-to-energy grants and $8 million for biomass utilization – are located in 14 states, including California.
"These projects will promote the development of biofuels from wood and help private sector businesses to establish renewable energy infrastructure and accelerate availability in the marketplace," said Merrigan. "Additionally, hazardous fuels reduction projects utilize biomass from forested lands that, when left untreated, increase wildland fire risks to communities and natural resources."
In keeping with the Obama administration's interest in innovative sources for energy, these ARRA funds may help to create markets for small diameter wood and low value trees removed during forest restoration activities. This work will result in increased value of biomass generated during forest restoration projects, the removal of economic barriers to using small diameter trees and woody biomass, and generation of renewable energy from woody biomass. These funds may also help communities and entrepreneurs turn residues from forest restoration activities into marketable energy products. Projects were nominated by Forest Service regional offices and selected nationally through a competitive basis on objective criteria.
Biomass utilization also provides additional opportunities for removal of hazardous fuels on federal forests and grasslands and on lands owned by state, local governments, private organizations, and individual landowners.
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Brazil tax strategy to bring down fuel, electricity prices seen having limited effects
BRASILIA - Brazil’s congress approved a bill that limits the ICMS tax rate that state governments can charge on fuels, natural gas, electricity, communications, and public transportation.
Local lawyers told BNamericas that the measure may reduce fuel and power prices in the short term but it is unlikely to produce any major effects in the medium and long term.
In most states the ceiling was set at 17% or 18% and the federal government will pay compensation to the states for lost tax revenue until December 31, via reduced payments on debts that states owe the federal government.
The bill will become law…
