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Please help ABC increase its effectiveness by providing information about the economic impact that can result from the projects your company has underway or in some stage of development that will or could benefit from Section 1603. ABC recognizes this is sensitive information, so the chart below only asks for basic information that will be combined in a consolidated fashion that does not divulge competitive positions. As a general rule, please include only "real" projects--ones with concrete elements defined (e.g. client, site, feedstocks, etc.)--rather than merely estimates of market potential if Section 1603 were to be extended in one way or another. H.R. 66 is a bill that would amend the Internal Revenue Code of 1986 to provide for an investment tax credit for waste to energy facilities. It will provide a 30% tax credit to those who invest in qualified waste to energy facilities. Those qualifying facilities would use feedstocks such as municipal solid waste or sewage sludge and produce gas fuel for producing energy in addition to valuable solid and liquid byproducts. The use of these organic wastes as feedstocks to produce a renewable energy would divert waste which would normally be placed in a landfill, thereby avoiding the uncontrolled emission of methane gas and extending the life of the landfill.
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American Biogas Council | 1211 Connecticut Ave NW, Suite 600, Washington, DC 20036-2701 | 202-640-6595 | info@americanbiogascouncil.org
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