Read Article
Keri Libby sits in the operator s cockpit of the de-barker machine at Moose River Lumber in Jackman on May 10. Michael G. Seamans/Morning Sentinel
Lumber has become a hot commodity over the past year – more than doubling in price by some measures – but the spike in demand isn’t likely to benefit most wood suppliers in Maine.
Demand for building materials has jumped during the pandemic, caused at least in part by the hot real estate market that has led many to buy land away from the big cities and build a new home in a safer, rural community. Home renovations and expansions are also booming, as many people forced to work from home have decided that a purpose-built home office would work better than a converted bedroom.
Spike in lumber prices not helping most Maine wood suppliers
pressherald.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from pressherald.com Daily Mail and Mail on Sunday newspapers.
Scientists oppose tax credit that could boost Maine s wood heat industry
penbaypilot.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from penbaypilot.com Daily Mail and Mail on Sunday newspapers.
Environmental News For The Week Ending 16January 2019
This is a collection of interesting news articles about the environment and related topics published last week. This is usually a Tuesday evening regular post at
GEI (but can be posted at other times).
Please share this article - Go to very top of page, right hand side, for social media buttons.
Note: Because of the high volume of news regarding the coronavirus outbreak, that news has been published separately:
Summary:
New US Covid infections for the week ending January 16th were 8.5% below those of the week ending January 9th, so it appears that the incidence of new cases mat have peaked and is turning down, at least for the time being. One caveat to that, though, is that we don t know how many of the prior week s cases were from reports that had been delayed over the holidays. For a check on that, we can compare new cases from the week ending January 16th to those from the week ending December 19th, two weeks which sh
Credit Lopi Wood Stoves
Homeowners who install modern wood heating systems can now get a new tax credit, under the federal omnibus bill passed late last year.
New Hampshire’s Congressional delegation supported the measure, which the state’s timber industry has wanted for years.
The credit applies to home heating systems such as stoves and boilers that run on cordwood, wood chips or wood pellets, with a federal rating of at least 75% efficiency.
These systems can cost thousands - or tens of thousands - of dollars up front, but are cleaner and cheaper than fossil fuels over time.
With the new credit, homeowners who install one of these systems can take 26% of the installation cost off their tax liability for 2021. The credit steps down to 22% in 2022 and 2023.