Frank welcomes guest Carlton Owen of the US Endowment for Forestry and Communities. With 30% of the United States in forest, and many of those forests suffering from decades of fire suppression, insect attacks, and drought, the need has never been greater for the creation of markets for small diameter wood products. Carlton explains the efforts of the US Endowment to help develop these markets, with a particular focus on wood biomass energy. He explains the reason why the market seems dominated largely by government projects, and breaks down the nature of the economic “valley of death” the industry currently finds itself in. He concludes with a call for a new method for collaboration to prevent the loss of large extensions of land and wood resources to catastrophic wildfire.