Region Archives: International

Business & Politics

International Paper Announces Agreement to Acquire DS Smith

International Paper
April 16, 2024
Category: Business & Politics
Region: United States, International

MEMPHIS, Tennessee — International Paper and DS Smith today announced that they have reached agreement on the terms of a recommended all-share combination, creating a truly global leader in sustainable packaging solutions. The terms of the Combination value each DS Smith share at 415 pence per share, and will result in IP issuing 0.1285 shares for each DS Smith share, resulting in pro forma ownership of 66.3% for IP shareholders and 33.7% for DS Smith shareholders, implying a transaction value of approximately $9.9 billion. The Combination is expected to close by the fourth quarter of 2024. …Mark S. Sutton, Chairman and CEO of IP said, “DS Smith is a leader in packaging solutions with an extensive reach across Europe, which complements IP’s capabilities and will accelerate growth through innovation and sustainability”.

Related coverage in the Guardian: IP settles all-share deal after tussle with British rival Mondi

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European Commission OKs Smurfit Kappa, WestRock merger

By Marissa McNees
Recycling Today
April 10, 2024
Category: Business & Politics
Region: United States, International

The European Commission, under the EU Merger Regulation, has approved the merger between Irish paperboard and packaging company Smurfit Kappa and Atlanta-based WestRock. The decision was reached April 5. The commission concluded that the transaction between Smurfit Kappa and fellow paper and packaging company WestRock—the largest recovered paper consumer in North America—would not raise competition concerns “given the companies’ limited combined market position resulting from the proposed transaction.” …Smurfit Kappa and WestRock officially announced the merger agreement Sept. 12, 2023, and, at the time, expected the deal to close in the second quarter of this year. The combined company, Smurfit WestRock, will be incorporated and domiciled in Ireland with global headquarters in Smurfit Kappa’s current home, Dublin, and North and South American headquarters in Atlanta.

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International Paper statement regarding possible offer for DS Smith

International Paper
April 4, 2024
Category: Business & Politics
Region: United States, International

MEMPHIS, Tennissee — International Paper confirms that significant progress has been made in reciprocal due diligence as facilitated by the DS Smith Board and Management, and that it is now in a position to provide shareholders with more detail on the type and quantum of synergies it believes would arise from the Combination. Corrugated packaging solutions is a core component of DS Smith’s business. Due diligence has confirmed International Paper’s belief that the Combination will significantly strengthen the combined packaging business and customer offerings. …Mark Sutton, CEO, said: “Bringing International Paper together with DS Smith is a logical next step in International Paper’s strategy to create value by strengthening our packaging businesses in North America and Europe.”

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Canfor launches optimization strategy for South Alabama operations

By Jerry Underwood
Made In Alabama
April 18, 2024
Category: Business & Politics
Region: US East, International

Canfor announced plans to expand production at its facility in the Clarke County community of Fulton as it moves to optimize its operational footprint in Southern Alabama, where it is also building a new, state-of-the-art sawmill in nearby Mobile County. As part of the restructuring, Canfor plans to permanently close its aging mill in Jackson, as it adds a second production shift in Fulton. Lee Goodloe, president of Canfor Southern Pine, said he expects the majority of employees in Jackson will have the opportunity to join the expanded operation in Fulton or its $210 million sawmill in Axis when it opens later this year. …The strategic moves will expand the company’s regional manufacturing platform by 100 million board feet. …Clarke County Commission, along with the Town of Fulton, approved a 10-year tax abatement on the new installation of the #3 continuous dry kiln, fire protection upgrades, blower system upgrade and planer mill/kiln access road.

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Pfeifer Group optimizing facilities in response to market demand

The Timber Trades Journal
April 18, 2024
Category: Business & Politics
Region: International

European sawmilling giant Pfeifer Group has optimised its manufacturing processes in response to a difficult construction products market in Europe. The Austrian based company says its Chanovice sawmill in the Czech Republic and cross-laminated timber (CLT) facility in Schlitz, Germany have undergone optimizing internal processes. The company said automation measures at Chanovice have reduced energy consumption and replaced heavy physical labour activities. It is also planning to use AI to process data and achieve further energy efficiency improvements. …
Meanwhile, Pfeifer is facing rising roundwood prices and difficult procurement situation. In the face of this, rail transport is proving to be a logistics advantage and in the future sawn timber will also be transported by rail. …Pfeifer’s cross-laminated timber manufacturer in Schlitz, Germany is currently bridging the low market demand due by reducing production.

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Sappi to convert Maine paper machine to board production

Recycling Today
April 15, 2024
Category: Business & Politics
Region: International

South Africa-based forest products and paper company Sappi is undertaking a conversion process from graphic paper to packaging board on one of its paper machine lines at its mill in Somerset County, Maine. The company, which uses predominantly or exclusively virgin wood fiber to make its paper and paperboard, says it is investing up to $418 million in Maine to convert its paper machine 2 (PM2) from graphic paper to paperboard production. Although the new packaging board paper machine may not consume old corrugated containers (OCC) or any other recovered fiber grades, it will add up to 470,000 tons more of annual solid bleached sulphate (SBS) capacity to the United States paperboard market. …Sappi predicts the newly reconfigured PM2 will be able to restart in the second half of its 2025 fiscal year, which runs from April 1 to Sept. 30, 2025. …Sappi predicts a “significant growth opportunity as consumer demand for packaging shifts from plastic to paper.”

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Finance & Economics

Powell’s US Rates Warning Means Headaches for Rest of the World

Bloomberg in Yahoo! Finance
April 17, 2024
Category: Finance & Economics
Region: United States, International

Jerome Powell

Federal Reserve Chair Jerome Powell is making life tougher for his peers around the world as the prospect of higher-for-longer US interest rates reduces room for easier policy elsewhere. Powell on Tuesday signaled the Fed will wait longer than previously anticipated to cut borrowing costs following a series of surprisingly high inflation readings — marking a notable shift from his December pivot toward easing. Treasury yields reached fresh year-to-date highs and the dollar strengthened. For the central bank chiefs gathering from around the world in Washington for the spring meetings of the International Monetary Fund and World Bank, Powell’s latest pivot creates a quandary. If the likes of the European Central Bank, Bank of England and Reserve Bank of Australia launch themselves into their own easing cycles, that risks driving their currencies down — raising import prices and undermining progress in getting inflation down. But not easing could risk growth.

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Latest Timber Development UK stats show timber import volumes fall at start of 2024

The Timber Trades Journal
April 8, 2024
Category: Finance & Economics
Region: International

The latest Timber Development UK stats show that falls in softwood, hardwood and plywood imports accounted for a 6% drop in volumes during January 2024, compared to a year earlier. Timber import volumes were down by around 45,000m3 in January. Particleboard, engineered wood, OSB and MDF products all saw imports increase slightly at the start of this year. For softwoods, a 9% reduction in volumes from Sweden was the largest contributor to the 9.6% drop. …Hardwood imports experienced a 13.8% fall, largely due to tropical hardwood imports being down by around 3,000m3. In contrast, volumes of temperate hardwoods increased by 2%, with imports from the USA, Croatia and Romania accounting for most of this growth. Overall plywood imports were also down 6%, though hardwood plywood volumes rose 36%, mostly due to a near 18,000m3 increase from China. …Finally, a 12.8% growth in engineered wood product import volumes rounds out the varied January 2024 results.

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Wood, Paper & Green Building

Against the grain: Britain’s timber construction must grow to save emissions

By Martin Guttridge-Hewitt
EJ Environmental Journal
April 18, 2024
Category: Wood, Paper & Green Building
Region: International

Travelling via northern Sweden, we explore the potential of wooden structures to reduce carbon footprints, and ask if a new UK roadmap can finally unlock the material’s potential to drive net zero development. But appearances deceive, and this corner of the subarctic moves fast. As the region’s Market and Business Development Manager, Bo Wilkstrom tells us, specialised industries are fuelling rapid population growth, and turning this small town into Sweden’s net zero transition testbed. …The second tallest timber-framed tower on the planet, this 20-storey prefabricated skyscraper also houses Sara Kulturhus, an arts venue with six stages, the largest seating 1,700 people. Lumber had a huge impact on the footprint of this address. …In total, 12,000 m3 of wood was used, sourced from within 60km of the hotel. Forests that supplied other projects in town, like the historic Lejonströmsbron wooden bridge, dated 1737, and a modern three-storey car park made of plywood.

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Synthesis of lignin-based resin and fabrication of sustainable transparent wood based on bio-recycling concept

ScienceDirect
April 16, 2024
Category: Wood, Paper & Green Building
Region: International

Transparent wood (TW) has attracted much attention in the field of energy saving building structural materials because of its high light transmittance, good thermal insulation performance and good toughness. However, the polymeric resins used in the present study to impregnate lignin-based wood templates are usually derived from petroleum-based chemical resources, which pose a fatal threat to human beings… Here, we report a green and sustainable TW production process based on the bio-recycling concept. …The prepared lignin-based sustainable transparent wood (LSTW) has good light transmittance and good dimensional stability. In addition, the LSTW also shows good thermal insulation and indoor temperature regulation capabilities compared with the common glass.

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Sweden’s New Volvo Museum Is Inspired By Scandinavian Nature

By David Nikel
Forbes Magazine
April 14, 2024
Category: Wood, Paper & Green Building
Region: International

Known for its focus on safety and reliability, Volvo has long been one of the world’s most prominent brands synonymous with the principles of Nordic design. To celebrate the brand’s long history and its deep connection with Scandinavian values and aesthetics, Volvo has unveiled a new experience center in Gothenburg, Sweden. The World of Volvo, born from a partnership between Volvo Cars and Volvo Group, is a museum and event space designed as a demonstration of the human-centric philosophy laid out by its founders. …Spanning 236,000 square feet, the World of Volvo embraces Scandinavian design. From its use of wood to the expansive windows letting natural light flood in, the experience center is integrated with the natural world. …The striking building is supported by 2,300 large wooden beams and 2,700 cross-laminated timber boards, with the three largest beams stretching an impressive 111 feet each.

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Notre-Dame’s transformation five years after fire

BBC News
April 12, 2024
Category: Wood, Paper & Green Building
Region: International

Five years after a devastating fire at the iconic Notre-Dame cathedral in Paris, video shows the progress of renovation work. The 850-year-old Gothic building’s spire and roof collapsed in April 2019 but the main structure, including the two bell towers, was saved.

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Canadian Architect Michael Green: Wood Can Be Used in Construction of Any Urban Building, including Skyscraper

By Dimitrina Solakova
BTA Bulgarian News Agency
April 13, 2024
Category: Wood, Paper & Green Building
Region: International

Michael Green

The world is used to utilizing four main building materials: concrete, steel, bricks, and wood. Three of them have a huge carbon imprint, and construction as a whole generates over 30% of carbon dioxide emissions in the world. Canadian architect Michael Green, winner of some of the most prestigious international awards in architecture, chooses the fourth material – wood – to build functional and beautiful buildings that defy the way of thinking about architecture. In an interview at the Festival of the New European Bauhaus, Green said that if we had known a century ago how bad concrete and steel were going to be for climate change, we would have thought about new materials with a better understanding of natural materials and their potential. “Where I live, trees grow to be 30-40 metres tall. If a tree can grow to 30-40 metres, then surely we can learn from nature to make very strong and tall buildings,” he added.

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Metsä Group begins pre-engineering for factory to produce Muoto products

Packaging Gateway
April 10, 2024
Category: Wood, Paper & Green Building
Region: International

Metsä Spring, the innovation company of Metsä Group, has started pre-engineering project for the first commercial factory to produce Muoto, new wood fibre packaging products. The Muoto products, crafted from wood pulp, are designed to replace traditional plastic packaging. The technology behind Muoto allows for the direct conversion of wet wood pulp into three-dimensional packages, which can be ready for dispatch to customers. In addition to ease of moulding into different shapes, Muoto is light weight, and has strength and recyclability. It can be used for light takeaway and lunch packages, berry containers, trays, and combo packaging.

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Replacing plastics with alternatives is worse for greenhouse gas emissions in most cases, study finds

By University of Sheffield
Phys.Org
April 8, 2024
Category: Wood, Paper & Green Building
Region: International

ENGLAND — Substituting plastics with alternative materials is likely to result in increased GHG emissions, according to research from the University of Sheffield. The study by Dr. Fanran Meng has revealed the emissions associated with plastic products compared to their alternatives. …Published in the journal Environmental Science & Technology, the study looked at plastics and their replacements across various applications, including packaging, construction, automotive, textiles and consumer durables. …Findings from the study have revealed that in 15 out of the 16 applications examined, plastic products actually result in lower GHG emissions compared to their alternatives. …Factors such as lower energy intensity during production and the weight efficiency of plastics contribute to their reduced environmental footprint compared to alternatives like glass or metal. …Findings from the research suggest that optimizing plastic use, extending product lifetimes, boosting recycling rates, and enhancing waste collection systems may offer more effective strategies for reducing emissions.

 

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Forestry

Cook Government to deliver $67 million for forest conservation

By Ministers Reece Whitby and Jackie Jarvis
Government of Western Australia
April 17, 2024
Category: Forestry
Region: International

The Cook Government’s Forest Management Plan 2024-2033, which supports the decision to bring commercial logging of native forests to an end, will be bolstered with a $67.2 million investment over the next four years. The funding, which will be part of the 2024-25 State Budget, will deliver: an additional 65 new jobs throughout Western Australia’s South West and metropolitan Perth, focused on a range of climate actions; a new forest health monitoring program; and support for emerging technologies, such as eco-acoustics, fire research, and ecological thinning, to improve forest health. Funding will also support work with Traditional Owners, protection of native wildlife from feral predators and managing weeds and plant diseases. The new jobs will be created between 2024 and 2027 within the Department of Biodiversity, Conservation and Attractions and partner agencies.

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Tasmania’s widespread burning program could harm the state’s reputation as a travel destination

By Michael Dahlstrom
Yahoo! News
April 16, 2024
Category: Forestry
Region: International

Visitors to Australia could have their access to a popular UNESCO World Heritage site restricted after authorities controversially set fire to neighbouring land on Wednesday. Locals fear the skies will soon be choked with smoke across regions of Tasmania after the state government’s logging agency began its annual burning program. While logging company Sustainable Timber Tasmania (STT) says the practice promotes “natural regeneration” and is crucial in “reducing fuel loads” on land it has cleared, conservationists warn it kills endangered species including the state’s iconic Tasmanian devils. One was found dead in a burrow after a burn in 2023. Jenny Weber from the Bob Brown Foundation said STT had logged right up to the edge of an access road to the Hartz Mountains National Park… “It’s obscene that people going to a World Heritage site to visit the beautiful wild Tasmania are going to be impacted by Forestry Tasmania burning.”

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France plans subsidies for tree felling to help exterminate bark beetle

Reuters
April 15, 2024
Category: Forestry
Region: International
PARIS – France’s agriculture ministry plans to subsidise tree felling and ease regulations on biomass burning as part of a push to stop the spread of bark beetle, a voracious pest decimating French forests whose spread has been boosted by global warming. Since 2018, successive droughts and high temperatures in northeast France have made trees more vulnerable to beetle attacks, sparking massive mortality of spruce and fir, with an estimated 110,000 of the 520,000 hectares of forest in that region infested, the agriculture ministry said on Monday. To contain the insects’ spread, France will finance preventive felling of trees and debarking equipment, make it easier to burn infested wood for biomass, and help sell timber that has been infested but is still usable, the ministry said.

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The role of GEDI LiDAR technology in unlocking the secrets of tree height composition

By Journal of Remote Sensing
Phys.Org
April 15, 2024
Category: Forestry
Region: International

A team of researchers has unveiled a novel approach to accurately characterizing tree height composition in forests using the Global Ecosystem Dynamics Investigation (GEDI) Light Detection and Ranging (LiDAR) technology. This study marks a significant advancement in our understanding of forest ecosystems, shedding light on the intricacies of tree height variability and their implications for ecological studies and climate change mitigation efforts. …Limitations have historically hindered the challenge of accurately mapping this structural diversity in scale and detail. However, the advent of recent advancements in remote sensing technologies has opened new pathways for detailed canopy height mapping. Highlighted in a study published in the Journal of Remote Sensing, this technological breakthrough facilitates more precise assessments of forest structure, thereby enriching our comprehension of forest dynamics, carbon sequestration capabilities, and the overarching influence of forests on climate regulation and biodiversity conservation.

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FSC-certified forest management benefits large mammals compared to non-FSC

By Joeri Zwerts
Nature – International Journal of Science
April 12, 2024
Category: Forestry
Region: International

More than a quarter of the world’s tropical forests are exploited for timber1. Logging impacts biodiversity in these ecosystems, primarily through the creation of forest roads that facilitate hunting for wildlife over extensive areas. Forest management certification schemes such as the Forest Stewardship Council (FSC) are expected to mitigate impacts on biodiversity, but so far very little is known about the effectiveness of FSC certification because of research design challenges, predominantly limited sample sizes. Here we provide this evidence by using 1.3 million camera-trap photos of 55 mammal species in 14 logging concessions in western equatorial Africa. We observed higher mammal encounter rates in FSC-certified than in non-FSC logging concessions. The effect was most pronounced for species weighing more than 10 kg and for species of high conservation priority such as the critically endangered forest elephant and western lowland gorilla. Across the whole mammal community, non-FSC concessions contained proportionally more rodents and other small species than did FSC-certified concessions. 

Additional coverage from FSC: Groundbreaking study confirms FSC standards are vital for thriving wildlife in tropical forests

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Fears of another ‘forest collapse’ event in Western Australia after record dry spell

By Briana Shepherd
ABC News, Australia
April 11, 2024
Category: Forestry
Region: International

Joe Fontaine

After a record-breaking hot summer and significant dry spell, ecologists are warning large pockets of WA’s central to south-west coast are facing a potential forest collapse event, where trees and other smaller plants get so dry they die. One expert has likened it to coral bleaching on land, and just like in the ocean, such an event can have serious implications on the wider ecosystem, impacting breeding habitats and potentially populations of entire species. Murdoch University fire and plant ecologist Dr Joe Fontaine has been tracking and recording signs of tree and plant stress since early February, with numerous areas displaying large swathes of dry and dying flora, some of it already dead. …The south west of WA was identified as one of the first parts of the world to begin a drying trend, beginning around the 1970s, and experts agree the region is drying out at a globally significant rate.

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IKEA sourcing wood from old-growth Romanian forests, Greenpeace report says

By Radu Dumitrescu
Romania-Insider
April 10, 2024
Category: Forestry
Region: International

ROMANIA — An investigation published by environmental NGO Greenpeace claims to show that furniture manufacturers producing for IKEA are sourcing wood from some of Europe’s last remaining old-growth forests in the Romanian Carpathians, including in Natura 2000 protected areas. Seven manufacturers producing IKEA’s products are linked to the destruction of high-conservation value forests, according to the investigation. …At least 30 different products from these suppliers were reportedly found in IKEA stores in 13 countries: Austria, Belgium, Czechia, Finland, France, Germany, Hungary, Italy, Israel, Poland, Sweden, Switzerland, and the UK. …The non-profit also mentions that just 2.4% of the Romanian Carpathian forests are currently protected against logging. …In an official response to Euronews Romania, IKEA confirmed that it works with the mentioned companies and that the only requirement it imposes is for the wood to be either recycled or approved by the Forest Stewardship Council.

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Veteran campaigner in Australia Institute advert against logging in mooted Great Koala National Park

By Declan Bowring
ABC News Australia
April 10, 2024
Category: Forestry
Region: International

Loggers are “ripping to pieces” forests earmarked to become the Great Koala National Park, according to businessman and former head of the Australian Conservation Foundation Geoff Cousins. Mr Cousins is calling on the state government to stop allowing logging in native forests as part of a fresh push to establish the boundaries of a koala conservation area on the Mid North Coast, which was a state Labor election promise. The Australia Institute has taken out full page adverts in newspapers featuring the signatures of dozens of luminaries, including Mr Cousins, former Reserve Bank head Bernie Fraser and former Liberal leader John Hewson. The adverts push for the end of all logging in public native forests and koala habitat. The state government has committed $80 million over four years to establishing the national park, which includes stakeholder consultation with local industry and communities.

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New Method That Pinpoints Wood’s Origin May Curb Illegal Timber

By Alexander Nazaryan
The New York Times
April 9, 2024
Category: Forestry
Region: International

Using a unique combination of old-fashioned field work and sophisticated computer modeling, scientists in Sweden have found a way to trace a single beam of lumber to the forest in Europe where it originated. The researchers said the new method, described in the Nature Plants journal, could significantly curb the sale of Russian timber, which is prohibited because of the war in Ukraine. …Last month, the novel approach was used to identify large shipments of illegal Russian lumber in Belgium. The new study looked at the chemical composition of 900 wood samples collected from 11 countries in Eastern Europe. The data was fed into a model powered by machine learning, which found patterns that could predict the geographic origin of the samples. Overall, the model caught 60% of the samples that had been intentionally labeled with the wrong country of origin. The model could also narrow the wood’s origin to a roughly 125-mile radius.

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European Union’s overreach in forest initiatives draws criticism from Finnish environment minister

The Helsinki Times
April 5, 2024
Category: Forestry
Region: International

Kai Mykkänen

Finnish Environment Minister Kai Mykkänen has voiced concerns over the European Union’s overextension in its climate and forest management directives, advocating for a shift in focus towards a more balanced approach to agriculture and forestry in future Commission work. This critique comes in response to the political backlash against the current Commission’s aggressive promotion of the Green Deal, suggesting a need for recalibration to better accommodate the realities of land and forestry management. Minister Mykkänen highlighted the importance of adopting an industrial approach to carbon management that considers a broader array of climate policy tools. This change, he argues, would benefit Finland by allowing for a more nuanced view of climate policy measures than has previously been the case. In defense of Finland’s forestry interests, Mykkänen underscored ongoing advocacy efforts with Sweden aimed at influencing the next Commission’s agenda. 

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Russia destroys over 60,000 hectares of Ukrainian forests worth almost US$360 million

By Economichna Pravda
Ukrainska Pravda
April 8, 2024
Category: Forestry
Region: International

Since the beginning of the full-scale war, the Russians have completely destroyed more than 60,000 hectares of forests worth at least 14 billion hryvnias (about US$359.2 million) in the territories they occupy… NGL.media was able to establish. “The minimum estimate states that the total value of the lost forest exceeds 14 billion hryvnias – this is only direct damage, i.e. the value of wood that could have been obtained from these more than 60,000 hectares. These losses do not take into account the environmental consequences, the elimination of which can be much more expensive,” the investigation says. It is noted that among the natural areas that have suffered the most in Donetsk Oblast is the Holy Mountains National Nature Park, located in Kramatorsk and Bakhmut districts. Since the beginning of the full-scale invasion, combat actions have been conducted in this area, resulting in the destruction of 80% of the park.

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Carbon, Climate & Bioenergy

Europe Continues to Lead in the Global Development of Pellet and Bioenergy Sector

By Gordon Murray
Wood Pellet Association of Canada
April 11, 2024
Category: Carbon, Climate & Bioenergy
Region: Canada, International

The Wood Pellet Association of Canada (WPAC) was invited to moderate a session at the European Pellet Conference in Wels, Austria, in March 2024. Leading international speakers presented the latest market trends, policies, technologies, and innovations, providing an important avenue for Canadian pellet producers and associations to stay on top of developments in the pellet and bioenergy world. This year’s conference focused on regaining the acceptance of pellets as an important element in the clean energy transition and increasing their positive contribution to forest health and the circular economy. Experts also discussed new results of R&D projects and the latest developments in the pellets and bioenergy sector: technological innovations along the value chain from pellet production, supply, and distribution to successful showcases for an accelerated energy transition.

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Canada should avoid the mistakes the U.K. made in biomass for energy

By Bertie Harrison-Broninski & Richard Robertson
Policy Options
April 9, 2024
Category: Carbon, Climate & Bioenergy
Region: Canada, International

Two years ago, BBC journalists visited Canada to investigate the wood pellet industry. Their findings, broadcast in the documentary Drax: The Green Energy Scandal exposed, sent shockwaves through climate politics in the UK. …In February 2024, the BBC published a follow-up story. …Drax did not dispute these findings or that it is still sourcing wood from old-growth forests, but it claimed to be undertaking work to stop sourcing wood from official “old-growth priority deferral areas.” …However, it is primarily up to Canadian authorities, not foreign nations, to investigate and regulate the country’s biomass industry. British authorities do not have the resources to effectively monitor biomass sourcing in foreign countries, as the National Audit Office has made clear. …Source countries such as Canada profit from industrial logging, leading to concerns about conflicts of interest with regulatory enforcement. …Canada’s problems go beyond one company. Current logging practices risk  ecosystem collapse.

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CO2 Watchdog Approves Carbon Credits for Value Chain Emissions

By Frances Schwartzkopff, Natasha White and Alastair Marsh
Bloomberg Investing
April 10, 2024
Category: Carbon, Climate & Bioenergy
Region: United States, International

The world’s main verifier of corporate climate targets will let companies use carbon credits to reduce the broadest scope of their emissions, relaxing earlier guidance and galvanizing a controversial market for green finance. The United Nations-backed Science Based Targets initiative said it will allow the use of credits to cut emissions from value chains, otherwise known as Scope 3. The market for carbon credits is still reeling from a period of turbulence, following revelations of projects that failed to deliver on emissions cuts. At the same time, the finance industry and carbon credit providers are positioning themselves to reap the monetary benefits of the growing market for offsetting reported emissions. The decision could help boost the market, currently valued at $2.0-$2.5 billion, to more than $1 trillion a year by 2050. …Stephannie Galdino, a voluntary carbon market analyst with Veyt, warned of a “high risk of greenwashing” as a result of SBTi’s decision.

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Ice age climate analysis reduces worst-case warming expected from rising CO₂

By The University of Washington
Phys.Org
April 17, 2024
Category: Carbon, Climate & Bioenergy
Region: International

As carbon dioxide accumulates in the atmosphere, the Earth will get hotter. But exactly how much warming will result from a certain increase in CO2 is under study. The relationship between CO2 and warming, known as climate sensitivity, determines what future we should expect as CO2 levels continue to climb. New research led by the University of Washington analyzes the most recent ice age, when a large swath of North America was covered in ice, to better understand the relationship between CO2 and global temperature. It finds that while most future warming estimates remain unchanged, the absolute worst-case scenario is unlikely. The open-access study was published April 17 in Science Advances. …”This paper allows us to produce more confident predictions because it really brings down the upper end of future warming, and says that the most extreme scenario is less likely,” lead author Vince Cooper, a UW doctoral student in atmospheric sciences said. 

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Scottish ban on wood burning stoves in new builds takes effect

By Andrew Learmonth
The Scotland Herald
April 9, 2024
Category: Carbon, Climate & Bioenergy
Region: International

The Scottish Government has confirmed that wood burning stoves can still be installed in new houses but only “to provide emergency heating, where a need can be justified.” Changes to the building standards – the regulations governing the requirements for all building in Scotland – came in last week, forbidding the use of ‘direct emission heating systems.’ Effectively, that means that new houses and conversions are not allowed to use gas or oil boilers, or any form of bioenergy where electricity or heat is generated from organic matter such as wood. Instead, housebuilders are expected to use what are known as ‘zero DEH’ systems such as heat pumps, solar thermal storage systems or electric storage heaters. …A Scottish Government spokesperson said: “Heating our homes and buildings represents about a fifth of Scotland’s carbon emissions so tackling the climate emergency requires us to address these emissions.

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What if global emissions went down instead of up?

By Pilita Clark
The Financial Times
April 9, 2024
Category: Carbon, Climate & Bioenergy
Region: International

Some time in the near future… global emissions of planet-warming greenhouse gases might finally stop rising and head into long-term decline. …Once it does, some analysts think the politics, psychology and even the financing of climate action could shift profoundly. …I have to say this thought did not occur to me in November, when research emerged showing that there is a 70% chance that global emissions will start falling in 2024. …Economist Nat Keohane, a former Obama White House adviser who is now president of the Center for Climate and Energy Solutions think-tank… is remarkably bullish about the impact of a decline. “I think that would be an extraordinarily powerful political and psychological moment,” he told me. …A global peak in emissions will be a big turning point, but not nearly enough to contain warming now hitting levels never recorded before. Years of steep and prolonged falls will be needed after that. 

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Tenth consecutive monthly heat record alarms and confounds climate scientists

By Jonathan Watts
The Guardian
April 9, 2024
Category: Carbon, Climate & Bioenergy
Region: International

Another month, another global heat record that has left climate scientists scratching their heads and hoping this is an El Niño-related hangover rather than a symptom of worse-than-expected planetary health. Global surface temperatures in March were 0.1C higher than the previous record for the month, set in 2016, and 1.68C higher than the pre-industrial average, according to data released on Tuesday by the Copernicus Climate Change Service. This is the 10th consecutive monthly record in a warming phase that has shattered all previous records. Over the past 12 months, average global temperatures have been 1.58C above pre-industrial levels. This, at least temporarily, exceeds the 1.5C benchmark set as a target in the Paris climate agreement but that landmark deal will not be considered breached unless this trend continues on a decadal scale. …The sharp increase in temperatures over the past year has surprised many scientists, and prompted concerns about a possible acceleration of heating.

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European court rules on cases seeking to force countries to meet climate goals

The Associated Press in NPR
April 9, 2024
Category: Carbon, Climate & Bioenergy
Region: International

STRASBOURG, France — Europe’s highest human rights court ruled Tuesday that its member nations have an obligation to protect their citizens from the ill effects of climate change, but still threw out a high-profile case brought by six Portuguese youngsters aimed at forcing countries to reduce greenhouse gas emissions. The European Court sided with the Swiss members of Senior Women for Climate Protection, who also sought such measures in a mixed session of judgements in which a French mayor… was also defeated. Lawyers for all three had hoped the Strasbourg court would find that national governments have a legal duty to make sure global warming is held to 1.5 degrees Celsius, in line with the Paris climate agreement. …Although activists have had successes with lawsuits in domestic proceedings, this was the first time an international court ruled on climate change. …Tuesday’s decision will open the door to more legal challenges.

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Green fuel option lies in trees

By Richard Rennie
Farmers Weekly New Zealand
April 9, 2024
Category: Carbon, Climate & Bioenergy
Region: International

By mid-2026 forest-sourced wood pellets are due to start flowing from a new project in Bay of Plenty that brings the promise of a clean energy source and value-added timber opportunity. Australian listed company Foresta has gone public about its move to build a torrefied black wood pellet plant at Kawerau, alongside a plant to extract high value chemicals from pine timber. Managing director Ray Mountfort said the plant will initially produce 65,000 tonnes of pellets a year, supplying South Island energy resource company Tailored Energy & Resources. The company supplies industrial customers with boiler and heating fuels… Black or torrefied wood pellets are wooden pellets heated to 200-300degC without oxygen and have proven to be a successful “drop in” fuel to replace coal. …Brian Cox, chair of Bioenergy Association of NZ, welcomed the arrival of a company capable of “closing the loop” and processing lower grade pine into a higher value product.

Additional coverage in Rotorua Daily Post: Kawerau plant: Plans to build $300m, fossil-free fuel plant employing 100

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Boreal forest and tundra regions worst hit over next 500 years of climate change, climate model shows

By University of York
Phys.Org
April 8, 2024
Category: Carbon, Climate & Bioenergy
Region: International

The boreal forest, covering much of Canada and Alaska, and the treeless shrublands to the north of the forest region, may be among the worst impacted by climate change over the next 500 years, according to a new study. The study, led by researchers at the White Rose universities of York and Leeds, as well as Oxford and Montreal, and ETH, Switzerland, ran a widely-used climate model with different atmospheric concentrations of carbon dioxide to assess the impact climate change could have on the distribution of ecosystems across the planet up to the year 2500. The research is published in Philosophical Transactions of the Royal Society B. Most climate prediction models run to the year 2100. …Modeling climate change over a 500 year period shows that much of the boreal forest, the Earth’s northernmost forests and most significant provider of carbon storage and clean water, could be seriously impacted, along with tundra regions.

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Forest Fires

Wildfire Rages In Eastern Spain As Temperatures Rise

Agence France-Presse in Barron’s
April 15, 2024
Category: Forest Fires
Region: International

A forest fire that started in abnormally hot temperatures has burned through through more than 500 hectares of land in eastern Spain and forced 180 people to flee their homes, officials said Monday. The fire began on Sunday near Tarbena in the Valencia region as temperatures reached 30 degrees Celcius (86 degrees Fahrenheit), which is unusually high for the season. Heat, wind and low humidity fuelled the blaze which media reports said may have started with an agricultural fire. …Eight air units battled the blaze alongside firefighters and troops from the UME military emergency unit which is called in to help with larger fires. According to the AEMET national weather service, temperatures rose above 30C in more than 65 areas across Spain on Saturday, including places as far north as the Pyrenees, Galicia and the Castilla y Leon region.

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The Arctic Is Burning – And It Is Changing The World – High North News

By Trine Jonassen
High North News
April 11, 2024
Category: Forest Fires
Region: International

“Arctic wildland fire has gone from being an effect of global climate change to a driver of it”, says Edward Alexander, co-chair of the Gwich’in Council International – a non-profit organization that represents 9,000 Gwich’in people in Alaska, United States and the Yukon and Northwest Territories in Canada. Alexander resides in Fairbanks just south of the Arctic Circle in Alaska, where wildfires is affecting both human and animal inhabitants. “I say I come from the future”, Alexander says. Meaning, a place where 65 percent of the land has burned. And it is heading south. Alexander highlighted the devastating consequences of Arctic wildfires during a panel discussion at the Arctic Encounter Symposium in Anchorage, Alaska this week.

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Wildfire rages on Greece’s Crete island, settlements evacuated

In-Cyprus
April 6, 2024
Category: Forest Fires
Region: International

A wildfire raged out of control on the Greek island of Crete on Saturday, with authorities ordering the evacuation of four residential settlements, the fire department said. Fanned by strong winds, the blaze spread across the slopes of the mountainous forest east of the seaside town of Ierapetra. Authorities ordered the precautionary evacuation of the Achlia, Galini, Agia Fotia and Mavros Kolimpos settlements, home to around 300 people, as the blaze got close to some homes. About 120 firefighters were battling the blaze on the ground, assisted by two helicopters. Wildfires are common in the Mediterranean nation during the summer months, but the government has said that extremely dry, windy and hot conditions that scientists link to climate change have made them worse in recent years.

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Forest History & Archives

Børsen fire: When was the Copenhagen stock exchange built and what material was it made of?

By Maite Knorr-Evans
As.com
April 16, 2024
Category: Forest History & Archives
Region: International

COPENHAGEN — Early on Tuesday morning, the Børsen, Copenhagen’s stock exchange, caught fire, reminding many in the city and spectators online of the 2019 Notre Dame fire in Paris. The two buildings have some key features in common, namely their age. The Børsen, constructed between 1619 and 1640, is newer than the French cathedral, but because of its age, reconstructing the building presents unique challenges. The materials used to build the Børsen are difficult to come by four hundred years after its initial construction. One of the building’s most affected parts is its iconic spire… made from intertwining four dragon tails, collapsed. While the building is made of red brick, the spire, which stands at 140 feet, features three golden crowns above the tails, representing the short-lived union of Denmark, Norway, and Sweden. …The exact material used to build the spire is unknown, but many speculate that like Notre Dame, it was carved from wood and coated in lead.

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