October 12, 2012
BY Holly Jessen
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Reps. Michelle Fischbach, R-Minn., and Nikki Budzinski, D-Ill., on March 27 introduced the Biobased Materials Investment and Production Act, which aims to create tax incentives to support the production of biobased chemicals and materials.
On April 7, U.S. Department of Agriculture Rural Development Montana State Director Bill Warden announced the agency is investing in the future of Montana’s biofuel industry through Beaverhead Tourism Council in Dillon, Montana.
Seeing investment tax credits (ITCs) for biomass projects come into effect is a welcome, long-overdue step for Canada’s forest sector. After years of uncertainty, the measure offers a starting point to restore investor confidence, according to FPAC.
The USDA on April 7 finalized a rule modernizing the National Environmental Policy Act regulations. The final rule consolidated seven agency-specific NEPA regulations into a single, department wide framework.