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Tom - Thanks for the follow-on information.
1. I asked about this to better understand whether pyrolysis is similar to
gasification in being covered by this US-only tax credit (which is pretty
sizeable). I confess I am still not sure - but think at least the gas
portion (maybe not the charcoal portion) may be covered.
2. If any charcoal expert on the list has this sort of tax experience - it
may help push the greater use of pyrolysis (which I think is important since
I think most charcoaling facilities in this country only flare the gases -
don't use the hot gasses productively). And this tax credit could change
the economics enough. True? If not covered, I certainly think both the
gasses and charcoal should be covered.
3. I suppose this may be a precedent for extending such a tax credit
overseas (maybe only for biomass - not for the fossil fuels - when we start
thinking of global warming abatement incentives.
Ron
-----Original Message-----
From: Tom Miles [mailto:tmiles@trmiles.com]
Sent: Sunday, October 20, 2002 11:10 AM
To: Stoves
Subject: Re: Re "terminology"
Alternative Fuel Production Credit (Section 29 of the Internal Revenue
Code), or
"gasification tax credit"
<snip>
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