News

NY commits $27M to grow wood heat industry

NY commits $27M to grow wood heat industry

Photo: WHCU

Governor Cuomo has launched a $27 million initiative to build the market for high-efficiency wood heating systems in New York.

The program is aimed at developing more clean technology manufacturing in the state along with a skilled heating system installer base and sustainably harvested wood fuels from state forests.

The money is coming from New York’s share of proceeds from the nine-state Regional Greenhouse Gas Initiative, the nation’s first cap-and-trade program aimed at reducing carbon emissions from power plants.

John Rhodes, president of the New York State Energy Research and Development Authority, said the program will lower costs for efficient, low-emissions wood heating systems for residential and commercial installation.

Copyright 2014 The Associated Press. All rights reserved.

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