Preheat oven to 350F.

Invert a 9"x13" baking pan and line with foil leaving excess around edges, then ease foil off, flip over and place inside.

Spray foil with baker's release spray.

Place butter in a small skillet and melt over low heat, stirring until butter starts to deepen in color and become light brown.

Immediately pour butter into the electric mixer bowl fitted with paddle attachment so it does not burn.

Add brown sugar, vanilla and caramel extracts and mix until smooth.

Add eggs and mix again until smooth.

Then add the flour, baking powder, and salt, mixing thoroughly.

Turn off mixer and fold in pecans and baking chips with a spatula.

Spread batter evenly in the baking pan.

Bake for 30 minutes, then remove from oven and allow the blondies to cool completely in the pan.

When cool, use the foil edges to lift the entire thing out of the pan.