Relative to the creation of a New Hampshire low-grade timber and wood emerging market commission.
The bill reflects a commitment to investigate and leverage New Hampshire's low-grade wood resources by forming a commission composed of diverse stakeholders including public officials, industry representatives, and economic development personnel. This commission will explore opportunities for using low-grade wood in various applications such as biofuels and renewable chemicals, aiming to revitalize the industry. The commission's findings could lead to recommendations that will not only support local economies through job creation but also enhance sustainable forestry practices within the state.
House Bill 1005 establishes the New Hampshire Low-Grade Timber and Wood Emerging Market Commission. This commission is tasked with studying the current state of low-grade timber resources and the market economy surrounding wooden products, particularly those that are struggling due to a significant downturn in market demand. The bill aims to address the challenges faced by the forest products industry, particularly the production of biomass and pulpwood, which have seen dramatic declines since 1999. This situation has been compounded by the recent closure of biomass electric generation plants and the effects of the COVID-19 pandemic on this sector.
While the bill has garnered support for its proactive approach to revive struggling markets, there may be points of contention regarding the regulatory measures proposed to support the low-grade timber industry. Critics might question whether the formation of the commission and its potential recommendations will adequately address the urgent needs of the timberland owners and the specific operational challenges faced by sawmills. Additionally, there could be concerns over the environmental impacts of expanding markets for low-grade timber, particularly if not managed with sustainable practices.