The new US federal program BCAP is intended to increase the supply of woody biomass. Will it?
In an effort to increase the usage of renewable energy, the US government has implemented a new program, called BCAP, which will subsidize the collection of biomass in 2010 and 2011. Over 500 million dollars has been allocated for the first three months of 2010, reports the North American Wood Fiber Review. There is much uncertainty about how much additional biomass that will actually enter the market as a result of the program.
The full article can be found in the attached PDF file…..
Hakan Ekstrom, Wood Resource Quarterly