Common use of Innovation Clause in Contracts

Innovation. The Parties will explore innovative uses for wood products and establish a strategy to signal, subsidize, or incubate alternate uses for woody biomass products. Innovative products like cross-laminated timber, gasification, or cellular reconstruction, sequester carbon or provide carbon-efficient alternatives to fossil fuels and building materials such as steel and concrete.

Appears in 3 contracts

Sources: Memorandum of Understanding (Mou), Memorandum of Understanding (Mou), Memorandum of Understanding (Mou)