Tree Frog Forestry News

Resolute, Norbord and Enviva Q3 results are down as expected

The Tree Frog Forestry News
October 31, 2019
Category: Today's Takeaway

Resolute, Norbord and Enviva Partners reported third quarter results yesterday and as expected, earnings were down or non-existent. In other Business news: the Conifex-Hampton deal is okayed; Resolute extends Ignace, Ontario mill shutdown; and it will take more than lower mortgage rates to lift the US housing market.

In Forestry/Climate news: BC adds teeth to its Climate Change Accountability Act; Sudbury’s acid-damaged lakes are recovering well; and a new study says GHG emissions caused by damage to tropical forests are underestimated by a factor of six. Meanwhile: high winds are fueling wildfires in Oregon and California; but in an era of megafires is Canada learning from the US experience.

Finally, Fort St. John’s 8-meter-high lumberjack is felled by flames.

Have a happy and safe Halloween!

Kelly McCloskey, Tree Frog Editor

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