Tree Frog Forestry News

Daily news for April 16 2021

Today’s Takeaway

Paper Excellence to permanently close Mackenzie mill

The Tree Frog Forestry News
April 16, 2021
Category: Today's Takeaway

Paper Excellence announced the permanent closure of its Mackenzie pulp mill due to fibre shortages, after a nine month curtailment. In other Business news: the US gov’t rescue plan, and surging housing starts set the stage for strong economic growth; EACOM invests in its Elk Lake sawmill; Pinnacle and Seaton Forest seek win-win fibre deal; a Canadian hardwood group appeals Chinese plywood ruling; and an ex-manager is found guilty of defrauding Weyerhaeuser.

In Forestry/Climate news: Derek Nighbor defends forestry in Canada; Susan Yurkovich and Jeff Bromley seek balance on old-growth preservation; Chris McCabe  says climate regulations don’t have to squeeze-out US paper mills; and Ontario forest companies push back on critical NRDC report.

Finally, grizzly bear numbers are up in Alberta thanks in part to good forest management.

Kelly McCloskey, Tree Frog Editor

Read More

Special Feature

A strategy for forests that benefits all British Columbians

By Jeff Bromley, Chair, Wood Council Canada, United Steelworkers and Susan Yurkovich, President and CEO, B.C. Council of Forest Industries
Victoria News
April 15, 2021
Category: Special Feature
Region: Canada, Canada West

Jeff Bromley

Susan Yurkovich

Across British Columbia, important discussions are happening about the future of our provincial forest sector. As these discussions continue and as the B.C. government advances consultations on the Old Growth Strategic Review and looks to modernize provincial forest policy, the United Steelworkers’ Wood Council and the B.C. Council of Forest Industries – together – believe it’s important to take a balanced approach that is grounded by good science, informed by an inclusive process and creates a path forward that benefits all British Columbians. …The next step is creating a province-wide implementation strategy for all forests province-wide, including all Crown forest lands, parks, protected areas, and special management zones, not just the timber harvesting land base. …Getting this right will require input from a wide range of people and organizations. That’s why it it’s critical that First Nations, communities, labour, industry, and others be engaged throughout the process. 

See original press release on COFI’s website

Read More

Business & Politics

Industry group appeals Canadian tribunal’s decision on Chinese plywood

The Decorative Hardwoods Association
April 14, 2021
Category: Business & Politics
Region: Canada, International

The Canadian Hardwood Plywood and Veneer Association as well as coalition member companies have appealed the Canadian International Trade Tribunal’s decision that Canadian decorative hardwood plywood manufacturers have not been injured by hardwood plywood imported from China. The notice was filed with the Federal Court of Appeal in Ottawa on March 19. …The application is in respect of certain decorative and other non-structural plywood originating in or expected from  China. The tribunal issued its finding on February 19, 2021 and issued the reasons for its decision on March 5, 2021. The tribunal found the dumping and subsidizing of decorative plywood from China did not cause injury and was not threatening to cause injury to the domestic industry. 

Read More

Derek Nighbor speaks to AM 1150 about forestry in Canada

By Phil Johnson
AM 1150 News
April 15, 2021
Category: Business & Politics
Region: Canada

Derek Nighbor

Phil Johnson interviews Derek Nighbor, President of the Forest Products Association of Canada. As with everything in the ecomony, we’re doing a huge navel gaze and taking a look at the business of managing the bush. Canada’s working forests are built on a couple of key rules, including protecting the ecosystem, ecosystem based management and conservation, with local input and collaboration. Pellets, raw logs, elements at play – Derek Nighbor speaks recent news about forestry. CLICK READ MORE TO LISTEN TO THE INTERVIEW

Read More

Paper Excellence announces the permanent closure of Mackenzie Pulp; restarting of its Powell River mill and investments on Vancouver Island

Paper Excellence Canada
April 15, 2021
Category: Business & Politics
Region: Canada, Canada West

RICHMOND, BC – Paper Excellence announced the permanent closure of the Mackenzie Pulp Mill located in Mackenzie, BC. Production at the mill was originally curtailed in June 2020 due to market impacts caused by COVID-19 and lack of local economic fibre. Since acquiring the Mackenzie mill in 2010, Paper Excellence has invested more than $360 million in the facility. However, despite these investments and the committed team of employees in Mackenzie, the facility’s small production capacity and the ongoing lack of local economic fibre meant the mill could not be globally competitive. …Where possible, Mackenzie employees have been relocated to other Paper Excellence facilities across Canada. Meanwhile, the terms of the collective agreement with UNIFOR Local 1092 will be respected and severance payments made. …Paper Excellence is also committed to the ongoing protection of the receiving environment. Gaseous, liquid and solid chemicals as well as residues have been safely removed from the Mackenzie mill site. 

Additional coverage in PG Citizen: Mackenzie Pulp Mill permanently closed

Read More

Mackenzie mill termination brings closure after lengthy curtailment

By Catherine Garrett
My Prince George Now
April 15, 2021
Category: Business & Politics
Region: Canada, Canada West

Joan Atkinson

The closure of the Paper Excellence pulp mill in Mackenzie comes as a disappointing, but not entirely unexpected, blow to the forestry dependent community. Mackenzie Mayor Joan Atkinson says the past nine months have brought feelings of uncertainty in her area. “We were always hoping that mill would come back. …Paper Excellence made the announcement Thursday, citing the facility’s small production capacity and the ongoing lack of economic fibre. …Atkinson says the challenges with getting fibre for the mill quickly became ‘next to impossible’ after the closure of the Canfor mill in July 2019. …Canfor continues to harvest in the Mackenzie timber supply area but moves those logs elsewhere to process. “The resource.. is still providing huge profits to the companies that are harvesting in the Mackenzie TSA,” said Atkinson. She hopes tenure will be taken back and redistributed to support local positions, possibly adding other mill locations in the future.

Read More

COFI 2021: BC forest industry a ‘bright light,’ but needs to be more resilient

By Ellen Cools
Wood Business – Canadian Forest Industries
April 15, 2021
Category: Business & Politics
Region: Canada, Canada West

According to a new economic study from the BC Council of Forest Industries (COFI), in 2019, the B.C. forest industry generated $13 billion in GDP and almost $8.5 billion in wages, salaries and benefits. So, it’s no surprise that speakers at COFI’s 2021 virtual convention on April 8 emphasized the sector’s role leading the province’s economic recovery from the COVID-19 pandemic. …The industry is a “bright light,” for the province’s economic recovery, said Katrine Conroy, B.C. Minister of Forests. …Adding value to lumber products will be key as the B.C. forest industry transitions to a tighter fibre supply caused by multiple factors such as pests and wildfires. During his keynote speech, B.C. Premier John Horgan echoed Minister Conroy’s concern about the industry’s ability to withstand future downturns and the need to invest in value-added wood products. …Canada’s Ambassador to the U.S., Kirsten Hillman, shared an update on the situation in the U.S.

Read More

No evidence Higgs will share forestry revenue after axing tax agreement, First Nations say

By Jacques Poitras
CBC News
April 15, 2021
Category: Business & Politics
Region: Canada East, Canada

First Nations leaders say they see little reason to have any faith in the Higgs government’s suggestion of resource revenue agreements to replace tax-sharing deals. Aboriginal Affairs Minister Arlene Dunn said earlier this week that letting bands share in the profits from forestry and mining operations made more sense than the tax agreements being terminated. “There are existing best practice models that exist across Canada that sadly and very unfortunately do not exist here in the province of New Brunswick,” she said… Dunn later acknowledged to CBC News she has yet to “scan” other provinces to see what works and has not spoken to anyone in the New Brunswick forestry industry about a new model. …Dean Vicaire, the executive director of the Mi’kmaw organization Mi’gmawe’l Tplu’taqnn, said, “if the province is really sincere about this, they would have at least given the chiefs a heads up or previously discussed what’s happening in other provinces”.

Read More

EACOM Timber invests in Elk Lake Sawmill with New Continuous Dry Kiln

Wawa-news.com
April 15, 2021
Category: Business & Politics
Region: Canada East, Canada

EACOM Timber Corporation is pleased to announce an investment of $8.9M to equip its Elk Lake sawmill with a new, state-of-the art continuous dry kiln (CDK). Expected to be fully operational by early fall, the CDK will allow for continuous drying of lumber, reducing production bottlenecks and energy consumption. This will be the second such installation for EACOM, the first having been installed in 2017 at its Timmins sawmill. … In addition to being more energy efficient, the new system will eliminate the use of both diesel fuel and propane which are currently being used as part of the energy mix for heating the buildings on-site and two kilns. Going forward, all building heat and the new CDK will be exclusively powered by direct fired natural gas, a much cleaner energy source.

Read More

U.S. Building Boom Is Sending Lumber and Steel Prices Through the Roof

By Myra Saefong
Barron’s
April 15, 2021
Category: Business & Politics
Region: United States

There’s little doubt that demand for lumber, steel, and other commodities will get a boost from President Joe Biden’s $2.3 trillion proposed infrastructure package. But prices for some building materials have already booked phenomenal gains in the first three months of the year, potentially setting limits on an extended rally. Biden’s infrastructure plan includes repairs to roads and bridges, and investments and improvements in airports and transit systems over an eight-year period. Infrastructure spending will “carry over into lumber,” says Steve Loebner, director of risk management at lumber, plywood, and building-materials wholesaler and broker Sherwood Lumber. “Overall demand for forest products will be bolstered, and that will have a continued bullish effect on prices.”

Read More

Ex-Weyerhaeuser manager gets prison for fraud scheme

The Associated Press
April 14, 2021
Category: Business & Politics
Region: United States, US West

EUGENE, Oregon — An ex-finance manager from Weyerhaeuser who stole over $4.5 million from the timber business was sentenced Wednesday to nearly five years in prison. …Starting as early as June 2004 and until 2019, Tranberg defrauded Weyerhaeuser out of over $4.5 million by submitting fraudulent invoices for payment to a fake vendor she created, according to court documents. Tranberg had worked for Weyerhaeuser in Springfield for more than 40 years. A financial analysis determined most of the money was used to fund expensive dinners, vacations, wedding expenses and shopping sprees, Asphaug said. Tranberg first created a fake timber contract between the company and a vendor and over the next 10 years she requested cashier’s checks and kept the money, according to court documents.

Read More

Finance & Economics

U.S. housing starts race to 15-year high; building permits rise moderately

By Lucia Mutikani
Reuters
April 16, 2021
Category: Finance & Economics
Region: United States

U.S. homebuilding surged to nearly a 15-year high in March, but soaring lumber prices amid supply constraints could limit builders’ capacity to boost production and ease a shortage of homes that is threatening to slow housing market momentum. The sharp rebound reported by the Commerce Department on Friday added to robust retail sales in March in suggesting that the economy was roaring after a brief weather-related setback in February. Increasing COVID-19 vaccinations, warmer weather and massive fiscal stimulus are driving the economy, with growth this year expected to be the strongest in nearly four decades. …Supply disruptions because of coronavirus-related restrictions are driving up commodity prices. Softwood lumber surged by a record 83.4% on a year-on-year basis in March. …Prices of other building materials such as plywood have also risen sharply.

 

Read More

US Housing Starts Spring Forward in March

By Robert Dietz
NAHB – Eye on Housing
April 16, 2021
Category: Finance & Economics
Region: United States

Housing production jumped in March despite rising lumber and other material prices affecting the housing industry. Overall housing starts increased 19.4% percent to a seasonally adjusted annual rate of 1.74 million units, according to data from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. This was the fastest pace for combined single-family and multifamily construction since June 2006. …Within this overall number, single-family starts increased 15.3% percent to a 1.24 million seasonally adjusted annual rate. …The multifamily sector, which includes apartment buildings and condos, increased 31% to a 501,000 pace in March, regaining momentum after a soft February reading.

Read More

Freddie Mac Sees US Rates and Prices Leveling Off Through 2022

By Jann Swanson
Mortgage News Daily
April 15, 2021
Category: Finance & Economics
Region: United States

Freddie Mac’s Economic and Housing Research Group… credits the increasing availability of COVID-19 vaccines and the easing of virus related restrictions, the passage of the American Rescue plan and its cash stimulus for households, as setting the stage for economic growth and sending consumer confidence to a post pandemic high in March. …All in all, the report says conditions should  remain generally favorable for the housing and mortgage market through 2022, although rising rates could provide headwinds that slow housing activity. In addition, it offers the following forecasts:

  • House price growth to average 6.6 percent in this year then slow to 4.4 percent in 2022.
  • Home sales, new and existing, should reach 7.1 million in 2021, then fall to 6.7 million in 2022.

Read More

Forestry

How Canada is trying to protect its last three spotted owls

By Cara McKenna
The UK Guardian
April 16, 2021
Category: Forestry
Region: Canada

There are only three known northern spotted owls left in the wild in Canada, including just one breeding pair. Their chicks have on occasion been taken for a captive breeding program, to try and boost the species’ prospects. Now Canada and British Columbia have announced a more full-throated response to the potential extinction of the owl within the country’s borders. In tandem with the breeding scheme, the province will enforce a one-year halt to logging in the few remaining old-growth forests that the owl favors, until more permanent protections can be instituted. The local Spô’zêm First Nation, in southern British Columbia, was part of the announcement, calling it a “monumental step”. The Spô’zêm chief, James Hobart, explained that northern spotted owls, also called skelúleɁ, are considered messengers, and their health is indicative of the health of the rest of the environment. 

Read More

Protect the Columbia Wetlands, protect B.C. wildlife

Letter by Robyn Duncan, Wildsight executive director
The Trail Times
April 15, 2021
Category: Forestry
Region: Canada, Canada West

Robyn Duncan

The Columbia Wetlands, an internationally recognized and highly sensitive ecosystem, is the next target of B.C.’s logging industry. Canfor is proposing to log in the fragile Columbia Wetlands Wildlife Management Area (WMA). Pitched as a beetle salvage logging operation, the company’s efforts will do little to stop the spread of Fir Bark Beetle but will do significant harm to the sensitive ecosystem here. …if [wildlife] can’t be prioritized in … a provincially designated Wildlife Management Area, where will they be given priority? …Canfor’s proposed logging west of Castledale, 50 km south of Golden, entirely overlaps with the ~17,000 ha. Columbia Wetlands WMA. While Canfor argues this is salvage logging to address beetle-affected trees — an issue endemic in the area but also increasing with changing climate — this action will not help the problem. Logging in the WMA will not control the beetle infestation.

Read More

First Nation to increase stake in Alberni Valley tree farm licence

By Darron Kloster
Victoria Times Colonist
April 15, 2021
Category: Forestry
Region: Canada, Canada West

A company owned by the Huu-ay-aht First Nation in Port Alberni has plans to acquire from Western Forest Products 28% of a tree farm licence that covers 137,000 hectares in the Alberni Valley, a move that would increase its influence on the future of the massive forestry tenure. A vote last weekend by members of the nation gave Huumiis Ventures LP, wholly owned by Huu-ay-aht, the green light to move ahead with financing the deal. Huumiis already owns a 7% stake in TFL 44, which contains 780,000 cubic metres of allowable cut around Great Central Lake and Alberni Inlet. The acquisition plan would bump ownership up to 35% and give the Huu-ay-aht company three of the seven seats on the TFL 44 board with Western Forest Products. Huu-ay-aht councillor John Jack said the deal represents an investment of $22.4 million, and lays the groundwork for an eventual majority share to be considered in the first quarter of 2023.

Read More

More bears than anybody thought!

The South Peace News
April 15, 2021
Category: Forestry
Region: Canada, Canada West

Estimates of grizzly bear numbers in the Swan Hills area of Alberta have always involved a lot of guesswork. Now there’s a “first-ever scientific population estimate for this area,” says a March 31 news release from FRI Research. And the news is good! Researchers, operating in an area described in the news release as, “between Whitecourt and Lesser Slave Lake,” identified 39 unique grizzly bears. Based on this evidence, the release says, it can be reasonably assumed for management purposes there are around 62 of the bears in the area. …“These results are a testament to what can be achieved when industry, government, and research organizations work together,” says Alberta Forest Products Association president and CEO, Jason Krips. “The forest industry has been supporting grizzly bear research for decades and incorporating the results into our practices.”

Read More

Seaton Forest Products dilemma

By Thom Barker
Smithers Interior News
April 15, 2021
Category: Forestry
Region: Canada, Canada West

A win-win-win scenario to solve a wood supply problem for Seaton Forest Products is being stymied by forestry regulations. The small mill … makes square cants out of low-grade timber, mostly for export to China where they are re-milled to make shipping crates, pallets and things of that nature. The company has an allocation of 80,000 cubic metres a year, which would allow them to operate for 50 weeks employing 23 people, 75 per cent of whom are Indigenous. However, due mainly to the unprecedented wetness of last season, the mill has only received 61,000 cubic metres. … there is a supply they could tap into. Pinnacle Pellet in Smithers has an overabundance of logs in its yard. Most of it is slash only suitable for pellet making, but enough is of the grade Seaton is looking for to keep them in business. … Unfortunately, the Province’s Concurrent Residual Harvest System is proving to be a roadblock.

Read More

Canadian forestry companies in U.S. environmental group’s report say criticisms oversimplified, misleading Social Sharing

By Jeff Walters
CBC News
April 15, 2021
Category: Forestry
Region: Canada East, Canada

Three of the largest forestry companies operating in northwestern Ontario say a U.S.-based environmental group’s criticisms of logging practices in Ontario and Quebec are oversimplified and misleading. A report released by the Natural Resources Defense Council said its analysis is based on wood sourcing by mills for three companies — Resolute Forest Products, Domtar and Aditya Birla Group. The report claims the companies are overharvesting, and not protecting woodland caribou or considering climate change in their operations. But some of the major players in the industry said the report is flawed. Bonny Skene, with Domtar, said: …”Over-and-above these rigorous requirements, we voluntarily subscribe to two third-party certification systems for sustainability — Forest Stewardship Council (FSC) and Sustainable Forestry Initiative (SFI).” …Resolute Forest Products said it responded to NRDC’s concerns over its forestry practices, but many of those views were not included in the final submission.

Read More

FSC Launches Groundbreaking Consumer Marketplace OneSimpleAction.org

Forest Stewardship Council
Cision Newswire
April 15, 2021
Category: Forestry
Region: United States

MINNEAPOLIS — The Forest Stewardship Council® launched a new interactive portal to make it easier for U.S. consumers to buy products sourced from responsibly managed forests, in line with strong and growing consumer demand for sustainability. The new portal, OneSimpleAction.org, gives consumers a simple way to do their part to help protect forests and biodiversity. …Consumers can shop hundreds of products from popular brands and retailers, such as Charmin, House of Marley, HP, REI, Scott and Target. Products represent all the major forest products categories – Construction, Furniture, Packaging, Printing, Textiles and Clothing, and Tissue and Hygiene Paper – as well as a range of additional categories, such as Footwear. …OneSimpleAction.org also serves as a lens through which consumers can discover brands’ sustainability progress and commitments.

Read More

Regulators rebuke PG&E for neglect in reducing wildfire risk

By Michael Liedtke
The Associated Press in the Longview Daily News
April 15, 2021
Category: Forestry
Region: United States, US West

SAN RAMON, Calif. — California regulators are stepping up their oversight of Pacific Gas & Electric after finding that the nation’s largest utility has neglected the maintenance of an electrical grid that has ignited a series of deadly wildfires in Northern California and forced periodic blackouts affecting millions of people. The reprimand delivered Thursday in an unanimous vote of California’s Public Utilities Commission served as official notice to PG&E that it hasn’t been doing enough to reduce the risks from a combination of crumbling equipment and overgrown trees susceptible to toppling into nearby power lines. It marks the first step in a process that could eventually lead to regulators revoking PG&E’s utility license as part of a deal worked out last year while the company was in bankruptcy.

Read More

Environmental groups sue to halt post-fire logging in forest

The Associated Press in the Longview Daily News
April 15, 2021
Category: Forestry
Region: United States, US West

SALEM, Ore. — Seven environmental groups have filed a lawsuit to halt post-fire logging in Santiam State Forest. The suit filed Wednesday seeks to stop the Oregon Department of Forestry from current logging and bar it from moving forward with timber sales and hazard tree removal across 3,000 acres of state forest burned by September fires around the Santiam Canyon, The Statesman Journal reported. The groups cited concerns over recreation, drinking water and forest health in asking a Multnomah Circuit Court judge to issue an injunction at an April 30 hearing. If successful, all logging would stop until the case was decided. That delay is important because burned and killed trees only remain viable for wood products for a short time, meaning any delay could impact the timber’s market value.

Read More

Forsite enters into a Strategic Collaboration Agreement with Ember Research Services Ltd. furthering commitment to providing wildfire management services

By Carleigh Drew
Forsite Consultants Ltd.
April 12, 2021
Category: Forestry

Salmon Arm, BC – Forsite Consultants Ltd. has entered into a Strategic Collaboration Agreement with Ember Research Services Ltd. (Ember) to further our commitment to providing industry leading wildfire management services. Ember has a team of highly experienced fire management personnel and is an industry recognized leader of wildfire management services. This strategic collaboration will align Ember’s technical fire modeling and fire behavior expertise with Forsite’s forest and wildfire management services, supporting the continued growth of the next generation of wildfire management specialists and the ongoing development of innovative solutions in wildfire management. This strategic collaboration will support Forsite in what has been our demonstrated focus for the last 35 years – that of maximizing value for our clients, supporting robust forest and land management decisions, including wildfire risk.  This collaboration will allow us to further our services to governments, communities, utility companies, the forest sector and more, as they strive to understand and manage wildfire risk.

Read More

Carbon, Climate & Bioenergy

Existing trees are worth preserving

By Malcolm Main – rancher and landowner, Pincher Creek, Alta.
The Western Producer
April 15, 2021
Category: Carbon, Climate & Bioenergy
Region: Canada, Canada West

Dear Prime Minister: I would like to propose an alternative approach to your recent pledge to plant two billion trees by 2030 for the purpose of capturing atmospheric carbon. …there exists an alternative carbon-capture-via-tree plan that you will find to be less costly, more economically beneficial, offers an immediate ROI and offers a guaranteed return on investment. …I am proposing the Government recognize and reimburse the cost that current landowners in the livestock industry incur when they choose to keep pre-existing, mature trees intact, in lieu of terrain that is economically more valuable. The Government would see greater benefit from adding two billion mature trees to its asset holdings than from adding two billion seedlings. …I would like to be the first to pledge the long-term care of the billions of mature trees on my property, in return for a credit of 50 cents per mature tree from the Government of Canada.

Read More

Alaskan forests may store more carbon after being burned by wildfire

By Ibrahim Sawal
The New Scientist
April 15, 2021
Category: Carbon, Climate & Bioenergy
Region: United States, US West

As the boreal forests of Alaska recover from wildfires, they may shift from containing mostly coniferous trees to a deciduous-coniferous mix – and this change could ultimately offset some of the carbon emitted during the fires. Climate change is making wildfires more frequent and intense in certain parts of the world, such as the boreal forests of the Arctic. These forests typically act as carbon sinks, but if fires burn deep into their soil, they could begin to release more carbon into the atmosphere than they store through new wood growth, accelerating the effects of climate change. Michelle Mack at Northern Arizona University and her team assessed the Alaskan boreal forest…to see how the blazes are affecting forest recovery and carbon storage. Around 2.7 million hectares of land was burned there in 2004 … due to extreme temperatures and frequent lightning strikes. The team monitored 75 sites across this forest for 15 years after this fire year.

Read More

State climate regulations don’t have to squeeze out paper mills

By Chris McCabe – executive director, Northwest Pulp & Paper Association
The Longview Daily News
April 15, 2021
Category: Carbon, Climate & Bioenergy
Region: United States, US West

Chris McCabe

With just weeks remaining in the 2021 legislative session, lawmakers will vote on several climate change policies. …legislators must take care to balance protecting the environment with retaining family-wage jobs here in Washington. Longview’s mills and other pulp and paper manufacturers in our state, are referred to as energy-intensive and trade-exposed facilities. As highly trade-exposed facilities, they compete for market share and capital investment with other mills both nationally and internationally… Pacific Northwest mills employ union-backed, essential workers who make products important enough to stand in line for, and strong enough to contain the things you care about most. Our competitors are not in our state, they are located around the world. Most importantly, few, if any, share the spirit of environmental stewardship that is a guidepost for public policy in Washington. …Lawmakers must find a way to craft carbon reduction policies that reduce global emissions and keep family wage jobs in our state.

Read More

Why forests are critical as a climate solution

By Karl Wirsing, Weyerhaeuser
Biz Journals
April 16, 2021
Category: Carbon, Climate & Bioenergy
Region: United States, US West

For thousands of years, forests have held a powerful, almost mystical, place in the human imagination. …And they’re among the most resilient and renewable resources on the planet, providing so many different useful, everyday products to people and communities around the world. Now forests have an even more urgent role to play as the world confronts current and potential future disruptions from climate change. …Fortunately, one of the largest and most economical opportunities to remove CO2 from the atmosphere already exists: forests. Forests that are primarily managed for timber production also have a crucial role to play in limiting the concentration of CO2 in the atmosphere. In addition to the CO2-removal powers of growing trees, the wood products manufactured from timber continue to bank carbon for decades. …Leveraging the full power of this continuous cycle is a key part of Weyerhaeuser’s new sustainability strategy.

Read More