Fed chair looks to lumber for clues on economy’s future

June 22, 2021
Category: Today's Takeaway

US Federal Reserve chair Jerome Powell looks to lumber’s wild gyrations to dampen inflation concerns and explain the post-pandemic recovery. In other Business news: David Elstone opines on BC’s new rules to assist forestry contractors; Huber Engineered Woods to open new OSB plant in Minnesota; Ontario trains workers for wood manufacturing jobs; and timber is showcased in the Tokyo Olympic Village.  

In Climate news: a new study says commercial forests deliver GHG benefits when harvested wood products are considered; Simon Fraser University looks to biomass to reduce carbon emissions;  an ENGO group says net-zero may not be as green as you think; what can be done to counter emissions from tropical forests; and small tree farms are the focus of US greenhouse gas efforts.

Finally, a bipartisan group seeks to tally the true cost of US wildfires to incentivize more active forest management.

Kelly McCloskey, Tree Frog Editor

Read More