I-732 motivates using wood products, a carbon negative technology that removes carbon from the atmosphere by displacing fossil intensive product emissions, a carbon emitting technology,
- Absent I-732’s fossil carbon tax, there is no motive to use wood to displace fossil emissions.
- Burning wood for its fuel value to displace coal can displace about 1 ton of coal emissions per ton of carbon in the wood used.
- Using wood to produce I-joists for floors displaces steel joists producing 5 tons of carbon emissions per ton of carbon in the wood used.
- A $30 per ton advantage for wood when used as a fuel becomes $150 per ton advantage for better uses of wood where it can displace 5 times as many emissions sufficient to motivate much better uses of wood.
Image above: There are many different uses of wood that displace fossil emissions products and their uses. Each has a different level of impact with some reducing fossil emission much more than others.