Tax credits proposed for biomass energy

The congress of the United states of America offered host of bills to look at concerning tax credits for alternative and renewable energy sources. The proposed tax credits included credits for producing electricity using biomass. The introduced Biomass Energy Equity Act of 2001 includes the definition of biomass to be used for the production of electricity in order to avail the tax credits offered by the policy. Any solid, non-hazardeous, cellulosic waste materials segregated from other waste materials and derived from forest related resources, solid wood waste, landscape, agricultural sources, is considered as biomass material.