Region Archives: International

Business & Politics

Trump, tariffs, and New Zealand’s forestry industry

By Marcus Musson, Director, Forest 360
The Country
November 15, 2024
Category: Business & Politics
Region: International

United States President-elect Donald Trump has gained the Senate, Electoral College, and popular votes. What does this mean for our forest industry? China is our largest purchaser of logs… In addition, exports of wood furniture from China have risen 24% in the first seven months of 2024 — great news; then along came the Don. The US accounts for 27% of the furniture exports out of China which totalled $20 billion in 2023. The current tariff for Chinese furniture into the US is 5.4%. Trump’s increased tariffs [between 32.8% and 54.3% on furniture] are predicted to result in a reduction in demand for Chinese manufactured product by between 73% and 87% respectively. If we assume the midpoint of 80%, this would result in a total demand reduction of around 350 million pieces of furniture… New Zealand radiata is a favoured product for the Chinese furniture industry… Therefore, any reduction in demand for Chinese furniture products is going to directly impact on us.

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EU lawmakers seek change to deforestation law and approve delay

By Philip Blenkinsop
Reuters
November 14, 2024
Category: Business & Politics
Region: International

BRUSSELS – The European Parliament sought on Thursday to water down a ban on the import of commodities such as beef and soy linked to deforestation, and backed a one year delay to the new rule, in a fresh push-back against the EU’s environmental agenda. The European Commission proposed a 12-month delay until December 2025 last month after complaints from a group of 20 EU countries, some companies and non-EU countries such as Brazil, Indonesia and the United States. However, it did not propose any changes to the substance of the law. …The parliament’s narrow vote to add a new ‘no risk’ category of countries with far lighter controls adds to uncertainty over the regulation as lawmakers will have to enter negotiations with EU governments. …Environmental groups said the vote was a terrible signal. Julia Christian at Fern, said the amendment would give EU forested countries a free pass and was “particularly egregious”.

In related news: Greenpeace calls on Commission to withdraw delay and press ahead with original timeline

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EU backs ‘loophole’ for member states facing deforestation law

By Alice Hancock, Andy Bounds & Michael Pooler
The Financial Times
November 14, 2024
Category: Business & Politics
Region: International

BRUSSELS — EU lawmakers have voted to in effect exempt most member states from a contentious law banning commodities grown on deforested land. …Brussels’ landmark deforestation law was intended to apply to commodities from within and outside the EU, environmental campaigners said a change made to the legislation on Thursday had created a “loophole” for member states. …In a vote on Thursday to approve the delay, conservative lawmakers also led a push to introduce a “no risk” category, whereby companies operating in countries where there was no deforestation would not need to apply the rules. …As it stands, the law requires goods from all countries — regardless of their forest husbandry. The new category would allow countries with stable or increasing forest size to be exempted from all checks. …The ballot marked the first major test of the EU’s ambitious environmental laws following the election of a new parliament.

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Finnish forestry exports and Trump

By Matthew Schilke
Maaseudun Tulevaisuus in YLE
November 11, 2024
Category: Business & Politics
Region: International

Rural-focused newspaper Maaseudun Tulevaisuus writes that Donald Trump’s re-election raises questions for Finland’s forestry industry, particularly regarding his proposals to boost American manufacturing and impose broad import tariffs. Trump’s campaign included a general 10 percent tariff on imports… Finland’s major forestry players — UPM, Stora Enso, and Metsä Group’s Metsä Board — remain cautious, with all three declining to speculate on potential impacts. Timo Tolonen of the lobby group Finnish Forest Industries emphasised that any significant change will happen over time…”It’s too early to judge at this stage. As an industry, we support free trade and measures that do not lead to protectionism, ensuring a level playing field for industry,” Tolonen told MT. Currently, Finland exports forestry products worth one billion euros annually to the US, accounting for over eight percent of the country’s total forestry exports.

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European plywood industry divided over Chinese hardwood imports and anti-dumping measures

Wood & Panel Europe
November 8, 2024
Category: Business & Politics
Region: International

In a significant development for the European plywood industry, the Greenwood Consortium has filed an anti-dumping complaint against Chinese hardwood plywood imports, citing low pricing as a threat to the EU’s plywood sector. This move has sparked an industry-wide debate, dividing opinions between those advocating for industry protection and those concerned about the potential impact on trade, imports, and European consumers. The Greenwood Consortium, a newly established coalition of nine European plywood producers, initially aimed to curb illegal imports of Russian birch plywood entering Europe via China. However, the scope of its campaign has since expanded to include all Chinese hardwood plywood, alleging that these imports are unfairly priced and harm the European industry. …In response, the Plywood Trade Interest Alliance… opposes a broad ban on Chinese plywood, arguing that such restrictions would harm the EU economy, compromise supply chain stability, and strain relations with China.

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Timber industry leader calls for country of origin labeling on imported products

By Eddie Williams
ABC News, Australia
November 6, 2024
Category: Business & Politics
Region: International

Timber industry advocates are calling for extra scrutiny after a quarter of products tested in a verification trial were found to be “potentially misleading”. Department of Agriculture, Fisheries and Forestry acting director Madeleine Osborn said illegal logging was “one of the most profitable trans-border environmental crimes in the world”, with devastating impacts on climate, nature and people. “Between 15 and 30 per cent of all timber traded globally is potentially illegally logged, and 10 per cent potentially in the Australian market that’s illegally sourced,” she said. Under new laws, government officials can test some imported timber products to check species and country of origin. …A trial, which ended in June, tested more than 140 products and 39 distinct species. …Ms Osborn said about 25 per cent of products tested had inaccurate species and origin claims. …”The information that [importers] are being provided by their overseas suppliers is potentially misleading.”

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Finance & Economics

Implications of global decline in economical softwood fibre varies for lumber, pulp and packaging

By Kevin Mason, Managing Director
ERA Forest Products Research
November 11, 2024
Category: Finance & Economics
Region: Canada, United States, International

Kevin Mason

A topic that was widely discussed at our Global Wood Summit last week was the dwindling supply of “cheap” or economical softwood fibre around the globe. While there remain a couple of major forestry hubs where softwood is abundantly available and still relatively cheap (the U.S. South being the most obvious example), in many key regions the softwood fibre supply is more constrained and has become increasingly costly. The implications of this decline in economical softwood fibre vary depending on the commodity. For lumber, we have already seen the impacts shape global supply dynamics. Lumber output has collapsed in British Columbia given a dwindling softwood fibre resource in the province. …In pulp, we are also seeing a dramatic shift as global softwood pulp capacity shrinks (fibre supply being just one dynamic along with small, aging softwood mills, bans on Russian fibre and a number of other factors) and hardwood capacity increases rapidly. …In packaging, the pivot has been towards growing usage of recycled fibres, but inexpensive hardwood is now making inroads into various packaging grades.

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Timber Developers UK conference charts the position of current timber markets and economics

By Stephen Powney
The Timber Trades Journal
November 14, 2024
Category: Finance & Economics
Region: International

European sawmillers continue to feel the pressure of poor market conditions, while expectations of a big market boost from the UK Government’s ambitious housebuilding agenda are far from certain, key industry speakers told Timber Development UK’s (TDUK) Global Markets Conference. Construction Productions Association (CPA) economics editor Noble Francis told 200 timber industry representatives that while there were positive early signs of improvements in UK construction, the new Government’s housebuilding target of 1.5 million new homes during the next Parliamentary period was “ludicrous”. …Meanwhile, fellow TDUK conference speaker Olle Berg, EVP market/sales & business development at Setra Group, said Swedish, Finnish and central European sawmillers were really suffering, with the full force of the downturn being felt in Q2, 2024. …US softwood consumption was at healthy levels in 2024 but oversupplied. “The US is looking quite positive; the fundamentals look very good.”

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Timber Trades Journal Softwood Update: Market falls short of expectations

By Stephen Powney
The Timber Trades Journal
November 14, 2024
Category: Finance & Economics
Region: International

When it comes to trading, this year’s UK softwood market fell far short of most importers and merchants’ expectations. With the year-end in sight, the current mood among UK distributors is one of resignation that an upturn is unlikely to materialise before the New Year. Taking all softwood product groups into consideration, demand for construction grades in particular fell away, steeply declining since July. C24 specifications have been the most affected, engendering fierce competition between wholesalers that forced prices down on virtually a monthly basis. For those sellers driven by volume targets and operating from quayside facilities, weak demand created lower stock-turn rates, and at inventory-linked ports, quay rental charges threatened to add to costs creating additional pressure on sellers to slash prices and force stock into the market. …In the UK, the weak demand for structural wood has been masking the fact that there are shortages in the supply chain.

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Trading Update – Strong Performance, Disciplined Capital Allocation

Drax Group Inc.
November 12, 2024
Category: Finance & Economics
Region: International

Will Gardiner

Drax Group CEO, Will Gardiner said: We continue to deliver a strong operational performance, supporting the UK energy system with dispatchable, renewable power, keeping the lights on for millions of homes and businesses, while supporting thousands of jobs throughout our supply chain. Our Flexible Generation and Pellet Production businesses are making good progress towards our target to deliver post 2027 recurring EBITDA over £500 million and we are continuing to develop options for growth, while remaining disciplined on capital allocation. The UK Government aims to deliver a clean energy system by 2030, and NESO’s Clean Power 2030 report shows that large-scale biomass, BECCS and flexible generation are included in both pathways. We are excited to be a part of that process. …We believe that biomass has a growing role to play in the energy transition.

In related coverage: Drax profits soar as power generator cashes in on clean energy push

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Wood, Paper & Green Building

University of British Columbia Timber Design Studio 2024: A Cross-Cultural Journey in Timber Construction

By Weizhou Fu
Canada Wood Blog
November 5, 2024
Category: Wood, Paper & Green Building
Region: Canada, International

The UBC Timber Design Studio 2024 continued a long-running series that has become a vital bridge between Canadian and Chinese academic communities in timber design. The program attracts top universities from China … and has significantly enhanced the reputation of UBC’s Faculty of Forestry within China’s timber design and engineering circles. Through this event series, UBC and Canada Wood have established a strong Canadian brand presence in China, inspiring young architects to explore the possibilities of Canadian wood products in sustainable construction. From July 11 to July 23, 2024, students and faculty staff from Nanjing Tech University, Nanjing Forestry University, and Zhejiang University joined UBC professors, including Prof. Frank Lam and Dr. Zhang Chao, through Zoom and WeChat. …By building relationships and fostering a deeper understanding of Canadian wood products, UBC’s Timber Design Studio generates long-term benefits for the timber industry, positioning Canadian wood as a material of choice for sustainable architecture in China.

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Waugh Thistleton battles £4m rotten roof legal claim

By Will Ing
The Architects’ Journal
November 18, 2024
Category: Wood, Paper & Green Building
Region: International

Waugh Thistleton Architects is set to fight a High Court trial in January as former client Vitsoe seeks £4 million in damages relating to a rotted timber roof. The practice worked as delivery architect for a factory-and-office complex in Leamington Spa from 2016. Now its former client, furniture-maker Vitsœ, blames the architect for rotted cross-laminated timber roof panels, which needed replacing. Vitsœ alleges that Waugh Thistleton breached its contract by failing to ensure that the roof panels did not contain excessive moisture when they were sealed in by a vapour control layer. The manufacturer is seeking to recoup more than £4m it has spent on mending its roof… …Waugh Thistleton denies the allegations, saying that any issues with over-moist timber which led to rot ‘were not the responsibility of the defendant or attributable to any breach of contract or duty on the part of the defendant’.

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Advancing Timber for the Future Built Environment

World Conference on Timber Engineering 2025
November 15, 2024
Category: Wood, Paper & Green Building
Region: International

Registration is open and delegates from around the world are invited to Brisbane, Australia to attend the 2025 World Conference on Timber Engineering, June 22 – 26. WCTE is the world’s premier scientific dissemination forum for presenting and discussing the latest technical and architectural developments and innovations in timber engineering and construction. The scope covers research, education, and practice topics from all over the world.  There is a rise in engineering and architectural firms, developers and investors, now emphasizing timber engineering as a preferred solution for many projects, providing further relevance and importance to the research carried out by the timber design and construction community. A number of exemplar buildings and structures are located within Brisbane, providing an ideal opportunity for site visits as part of WCTE 2025; whilst some stunning examples of modern timber buildings can also be seen in Sydney, Melbourne and Perth.

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Company unveils new wine bottle that could change the alcohol industry

By Susan Turek
Yahoo! News
November 5, 2024
Category: Wood, Paper & Green Building
Region: International

Crealis Group has unveiled a plastic-free packaging solution for sparkling wine that promises to reduce carbon pollution — potentially protecting the future of the celebratory drink, along with other popular food and beverages threatened by the effects of rising global temperatures. Dubbed “Symbiosis,” the packaging marries FSC-certified paper with aluminum. According to the company, forgoing plastic “ensures a CO2 reduction of 30%” compared to foil sealers that incorporate the material, generally made from dirty fuels primarily to blame for a warming climate associated with more intense extreme weather events like crop-destroying droughts. Furthermore, the customizable packaging is easily recyclable. Packaging Europe reported that Symbiosis is able to enter paper waste streams under the European Recycling Code C/PAP82. Compare that to plastic recycling programs, which have come under scrutiny in recent years.

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Forestry

Trudeau to meet with Biden at G20 summit as Canada crafts approach to emerging powers

By Dylan Robertson
Canadian Press in Business in Vancouver
November 17, 2024
Category: Forestry
Region: Canada, International

RIO DE JANEIRO — Prime Minister Justin Trudeau will meet with U.S. President Joe Biden in Brazil at the G20 summit, as Ottawa seeks its place amid a growing rift between Washington and booming economies in the developing world. The Group of 20 is an intergovernmental forum with leaders ranging from long-standing allies such as French President Emmanuel Macron to populist firebrands like Argentine President Javier Milei. They’re meeting in Rio de Janeiro to try to find common ground on issues ranging from solving global hunger to setting rules around digital currencies. …Trudeau will likely meet with the summit host, Brazilian President Luiz Inácio Lula da Silva, commonly called Lula.

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Biden becomes first sitting US president to visit Amazon rainforest

Associated Press in Voice of America
November 17, 2024
Category: Forestry
Region: United States, International

MANAUS, BRAZIL — Joe Biden on Sunday became the first sitting American president to set foot in the Amazon rainforest, as the incoming Trump administration seems poised to scale back the U.S. commitment to combating climate change. …Joined by Carlos Nobre, a Nobel-Prize winning scientist and expert on how climate change is impacting the Amazon, and Biden climate adviser John Podesta, Biden lifted in his helicopter over a stretch of the rainforest, for a good view of the shallowing of waterways, fire damage and a wildlife refuge. …His administration announced plans last year for a $500 million contribution to the Amazon Fund, the most significant international cooperation effort to preserve the rainforest, primarily financed by Norway. So far, the U.S. government said it has provided $50 million, and the White House announced Sunday an additional $50 million contribution to the fund.

Related coverage in Oregon Public Broadcasting: Biden marks his climate legacy during Amazon visit

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Greens drop climate trigger demand in attempt to restart Nature Positive talks with Labor

By Karen Middleton
The Gaurdian
November 17, 2024
Category: Forestry
Region: International

AUSTRALIA—The Greens have dropped their demand for a climate trigger to be incorporated in the government’s stalled Nature Positive legislation, indicating they are now prepared to pass the bills in return for an Australia-wide ban on native forest logging alone. The party has previously refused to support Labor’s legislation, insisting that both a climate trigger and a forest-logging ban must be included. But in the lead-up to the final parliamentary sitting week of the year – and after faring worse than they anticipated in the Australian Capital Territory and Queensland elections – the Greens’ key Senate negotiators are to announce a compromise position to try to restart negotiations with the government. With the Coalition and some crossbenchers continuing to oppose them, the government cannot get the bills passed without Greens support. The Greens Senate leader, Sarah Hanson-Young, accused the prime minister, Anthony Albanese, of bowing to pressure from the resources sector in his refusal to countenance a climate trigger.

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EU Parliament delays, waters down law to slow deforestation

By Anne-Sophie Brändlin
Deutsche Welle
November 14, 2024
Category: Forestry
Region: International

Forests are being cut and degraded at an alarming rate, especially in the tropics, with the expansion of agricultural land causing almost 90% of forest reduction, according to a study by the Food and Agriculture Organization of the United Nations. A first-of-its-kind law called the EU Deforestation Regulation (EUDR), was designed to take steps to counter this. …The legislation was heralded by proponents as a breakthrough in the global battle against forest loss, it came into force in June 2023 and was due to be implemented at the end of this year. But since it was passed, several agriculture ministries — including those of Austria, the Czech Republic, Finland, Italy, Poland, Slovakia, Slovenia and Sweden — have called for implementation to be postponed. …in 2023, the world lost some 37,000 square kilometers of tropical forest… A 12-month delay would mean additional global forest loss of about 2,300 square kilometers, according to EU studies.

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The government promised a koala national park. Then the loggers moved in

By Caitlin Fitzsimmons
Sydney Morning Herald
November 10, 2024
Category: Forestry
Region: International

More than a year and a half after coming to power on a promise to create a Great Koala National Park in the state’s north, new analysis suggests the NSW government’s own logging arm is trashing the forest inside the proposed park. It comes as the Minns government is quietly progressing a proposal to the federal government to earn carbon credits from its forests that could pave the way to end native forest logging across the state. …Logging inside the Great Koala National Park assessment area is four times more intense when measured by area than in nearby state forests outside the park, and environmentalists say the targeted areas are wreaking maximal environmental damage. …Debus, the state’s longest-serving environment minister and now chair of Wilderness Australia, said there was clear evidence that the state forestry corporation was “seriously attacking the ecological integrity” of the proposed national park.

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Planting trees at high latitudes in the Arctic could accelerate rather than decelerate global warming, argue scientists

By Aarhus University, Denmark
Phys.Org
November 7, 2024
Category: Forestry
Region: International

Tree planting has been widely touted as a cost-effective way of reducing global warming, due to trees’ ability to store large quantities of carbon from the atmosphere. But, writing in the journal Nature Geoscience, an international group of scientists argue that tree planting at high latitudes will accelerate, rather than decelerate, global warming. …According to lead author Assistant Professor Jeppe Kristensen… “Soils in the Arctic store more carbon than all vegetation on Earth. These soils are vulnerable to disturbances, such as cultivation for forestry or agriculture, but also the penetration of tree roots. The semi-continuous daylight during the spring and early summer, when snow is still on the ground, also makes the energy balance in this region extremely sensitive to surface darkening, since green and brown trees will soak up more heat from the sun than white snow.”

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EU faces potential softwood shortage amid hardwood surplus, study reveals

Science Direct in Lesprom Network
November 6, 2024
Category: Forestry
Region: International

A recent in-depth study, “Preliminary Evidence of Softwood Shortage and Hardwood Availability in EU Regions,” has shed light on significant supply imbalances within Europe’s forest-based bioeconomy. Researchers from Wageningen University, the European Commission’s Joint Research Centre, and other institutions analyzed data from the European Forest Industry Database (EUFID), revealing critical mismatches between wood resources and processing capacities across European countries. The study findings suggest that while Europe’s forestry infrastructure is vast, it may not be fully aligned with current and future wood demands. EUFID data points to substantial processing capacities across Europe, with pulp and paper facilities holding a capacity of 427 million m3, bioenergy plants at 102 million m3, and sawmills at 153 million m3. However, regional assessments in Germany, Norway, and the Czech Republic indicate looming shortfalls in softwood availability, crucial for the sawmill and bioenergy industries. 

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Deforestation in Brazil’s Amazon drops by nearly 31% compared to previous year

By Fabiano Maisonnave
Associated Press
November 6, 2024
Category: Forestry
Region: International

AGUA CLARA, Brazil — Forest loss in Brazil’s Amazon dropped by 30.6% compared to the previous year, officials said Wednesday, the lowest level of destruction in nine years. In a 12-month span, the Amazon rainforest lost 6,288 square kilometers (2,428 square miles), roughly the size of the U.S. state of Delaware. The results, announced in Brazil´s presidential palace, sharply contrast with President Luiz Inácio Lula da Silva’s predecessor, far-right leader Jair Bolsonaro, who prioritized agribusiness expansion over forest protection and weakened environmental agencies. Deforestation hit a 15-year high during his term. …Despite the success in curbing Amazon deforestation, Lula’s government has been criticized by environmentalists for backing projects that could harm the region, such as the pavement of a highway that cuts from an old-growth area, oil drilling in the mouth of the Amazon River and building a railway to transport soy to Amazonian ports.

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Papua New Guinea plea for government action over large scale illegal logging

By Don Wiseman
Radio New Zealand News
November 6, 2024
Category: Forestry
Region: International

Civil society groups and community representatives from across Papua New Guinea have gathered in Port Moresby to demand government action on the widespread abuse of Forest Clearing Authorities (FCAs). More than one-third of all logs exported from PNG come from logging operations authorised under an FCA permit. These permits are meant to facilitate land clearance for agriculture or other land use changes, but the civil society groups and organisations like the Institute of National Affairs can point to a large body of evidence that they are being systematically abused to allow large-scale logging of huge tracts of forest. The environmental campaigners, Act Now!, say there are currently more than 20 FCA logging operations in eight provinces across PNG which are contributing to widespread illegal and unsustainable logging.

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Carbon, Climate & Bioenergy

COP29 countries endorse global carbon market framework

By Virginia Furness and Kate Abnett
Reuters in the Globe and Mail
November 11, 2024
Category: Carbon, Climate & Bioenergy
Region: Canada, International

BAKU, Azerbaijan — Countries at the two-week COP29 climate summit gave the go-ahead on Monday to carbon credit quality standards which are critical to launching a UN-backed global carbon market that would fund projects that reduce greenhouse-gas emissions. The green light was an early deal on day one of the UN conference. Governments are also meant to hammer out a climate finance agreement, although expectations have been muted by Donald Trump’s U.S. election win. …However, Monday’s deal could allow a UN-backed global carbon market, which has been years in the making, to start up as soon as next year, one negotiator said. …The market could be one route for U.S. companies to keep participating in global efforts to address climate change, even if Mr. Trump were to quit the Paris accord. If that happened, U.S. firms could still buy credits from the UN-backed market to meet their voluntary climate targets.

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The 1.5C Climate Goal Is Dead. Why Is COP29 Still Talking About It?

By Aahra Hirsi and John Ainger
Bloomberg Green
November 17, 2024
Category: Carbon, Climate & Bioenergy
Region: International

The battle to keep global warming within 1.5 degrees Celsius has been a rallying cry for climate action for nearly a decade. Now, with the planet almost certain to blow past the target, diplomats and campaigners at the COP29 summit have found themselves awkwardly clinging to a goal that no longer makes sense. The evidence has become harder and harder to ignore. This year will once again be the hottest on record as greenhouse gas emissions continue to soar and Earth will likely register an average reading of 1.5C above pre-industrial levels for the first time. A study released this month using a new technique for measuring the rise in temperatures suggests the world was already 1.49C hotter at the end of 2023. …The mood in Baku has not been hopeful. Leaders from most major economies, consumed by domestic political struggles, failed to turn up. 

Related coverage in the NY Times: At COP29, Climate ‘Optimism Has Been Dampened’

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Earth’s projected warming hasn’t improved for 3 years. UN climate talks are still pushing

By Seth Borenstein, Melina Walling and Sibi Arasu
Associated Press
November 14, 2024
Category: Carbon, Climate & Bioenergy
Region: International

BAKU, Azerbaijan — For the third straight year, efforts to fight climate change haven’t lowered projections for how hot the world is likely to get — even as countries gather for another round of talks to curb warming, according to an analysis Thursday. At the United Nations climate talks, in Azerbaijan, nations are trying to set new targets to cut emissions of heat-trapping gases and figure out how much rich nations will pay to help the world with that task. But Earth remains on a path to be 2.7 degrees Celsius warmer than pre-industrial times, according to Climate Action Tracker, a group of scientists and analysts who study government policies and translate that into projections of warming. If emissions are still rising and temperature projections are no longer dropping, people should wonder if the United Nations climate negotiations — known as COP — are doing any good, said Climate Analytics CEO Bill Hare.

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No more broken promises. At COP29 we must act to conserve forests through carbon markets

Gabriel Labbate, UN-REDD Programme of the United Nations Environment Programme
Reuters
November 13, 2024
Category: Carbon, Climate & Bioenergy
Region: International

At COP29 in Azerbaijan, the stakes surrounding climate change have never been higher. Unprecedented forest fires are ravaging landscapes globally and drought-stricken parts of the Amazon face severe consequences. Sea-level rise, extreme heat and shifting weather patterns, all of which are direct consequences of greenhouse gas emissions in the atmosphere, compound the urgency. The United Nations Environment Programme’s latest Emissions Gap Report, highlights forests as one of the top three sectors that can deliver a third of the emissions reductions needed to meet the 2030 climate goals. Forests also play a critical role in providing sustainable livelihoods, regulating water cycles, reducing extreme weather and protecting human health. Destroying them risks crossing irreversible tipping points, from which we may not recover. Despite countless pledges … deforestation and degradation continue unabated. The time for talk has passed. Action is overdue and COP29 provides us with a timely opportunity to start the fightback with real purpose.

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Scientific models trust the land to soak up lots of CO2 – the reality is a lot more messy

By Ol Perkins, Alexandra Deprez and Kate Dooley
The Conversation
November 13, 2024
Category: Carbon, Climate & Bioenergy
Region: International

Is it possible to heat the planet to dangerous levels and then cool it down later? Economic models charting the world’s path to net zero emissions say yes. However, this bet on future large-scale carbon removal risks becoming a “get out of jail free” clause that allows high emissions to continue inflaming the climate crisis. A new study by leading scientists has criticised the overconfidence of policymakers and climate modellers – even the authors of the 2015 Paris agreement – for making this gamble. Their research highlights the pitfalls of assuming temperature thresholds can be safely exceeded and then reinstated. They’re right – and the problem runs even deeper. The challenge of implementing carbon removal at the scale required isn’t simply a matter of the technology being available and cost effective to deploy. Large-scale CO₂ removal depends on there being vast amounts of land to store carbon in trees and soil.

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Campaigners react to COP29 adoption of carbon credit rules

Euronews
November 12, 2024
Category: Carbon, Climate & Bioenergy
Region: International

Carbon markets are one step closer to being part of global climate plans after a speedy COP decision. …Last night, this version of Article 6 was quickly adopted by countries in what COP29 lead negotiator Yalchin Rafiyev called an early “breakthrough” for the summit. …But the gavelling through of Article 6 was criticised by climate justice groups, who said carbon markets allow major polluters to keep emitting at the expense of people and the planet. “It sends a bad signal to open COP29 by legitimising carbon markets as a solution to climate change,” says Ilan Zugman, Latin America and Caribbean director of global climate campaign groups 350.org. “They are not – they will increase inequalities, infringe on human rights, and hinder real climate action.” Here’s a look at Article 6 and the carbon credits system it aims to implement – and why it’s so controversial. 

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Climate Summit, in Early Days, Is Already on a ‘Knife Edge’

By David Gelles and Brad Plumer
The New York Times
November 13, 2024
Category: Carbon, Climate & Bioenergy
Region: International

The language of world leaders speaking on Tuesday at the United Nations climate summit was diplomatic, but the underlying message was clear: There’s friction over the big issue at the conference. The negotiations are focused on delivering a new plan to provide developing countries with funds to adapt to a warming world. Ali Mohamed, Kenya’s climate envoy, said there was widespread agreement that cutting emissions and making countries more resilient to storms, floods and heat would require “trillions” of dollars. But just days into the talks, there were pointed comments from the leaders and squabbling in the negotiating rooms about the details, including exactly how much money should be raised, who should pay, where it should come from and how it should be spent. “How? Where? By whom?” said Mr. Mohamed, the lead negotiator for the African group of countries. “That’s the discussion that’s currently underway.” [A New York Times subscription is required to read this full story]

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Policy And Project Development

By Anna Simet
Biomass Magazine
November 12, 2024
Category: Carbon, Climate & Bioenergy
Region: International

I wrote a feature article about the European Union Deforestation Regulation in Pellet Mill Magazine. The main point was that although well intended, there has been considerable controversy surrounding the EUDR. This has been largely stoked by a delay in the issuance of much-needed guidance regarding key provisions, as well as the short amount of time (and cost) to prepare, among other factors. Under the regulation, operators and traders who place certain commodities, including wood pellets, on the EU market or export from it must provide proof that the products haven’t originated from or contributed to deforestation. Operators must collect information, documents and data showing that the product is deforestation-free and legal, such as geolocation coordinates, quantity and country of production. The geolocation requirement is perhaps the biggest challenge for wood pellet exporters, considering the often complex supply chain when it comes to wood fiber feedstocks.

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UN climate conference — just an excuse to shake West down for cash

By Bjorn Lomborg, Copenhagen Consensus
The New York Post
November 11, 2024
Category: Carbon, Climate & Bioenergy
Region: International

The UN climate summit in Azerbaijan kicked off Monday with many key leaders not even showing up. With low expectations set before it even began, the summit will see speeches on the need for a vast flow of money from rich countries to poorer ones. …The main problem is that wealthy countries — responsible for most emissions leading to climate change— want to cut emissions while poorer countries mainly want to eradicate poverty through growth. To get poorer countries to act against their own interest, the West started offering cash two decades ago. …The rich world didn’t deliver… and now developing countries now want more money. …Cleverly, campaigners and developing countries have rebranded the reason for these transfers by blaming weather damage costs. …Factually, this is an ill-considered claim because weather damages from hurricanes, floods, droughts, and other weather calamities have declined as a percentage of global GDP since 1990, both for rich and poor countries.

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Cop29: what are carbon credits and why are they so controversial?

By Patrick Greenfield
The Guardian UK
November 10, 2024
Category: Carbon, Climate & Bioenergy
Region: International

For the next two weeks, countries will gather on the shores of the Caspian Sea in Baku, Azerbaijan, to discuss how to increase finance for climate crisis adaptation and mitigation. A global agreement on carbon markets will be high on the agenda as countries try to find ways of generating the trillions they need to decarbonise in order to limit heating to below 2C above preindustrial levels. …Carbon markets facilitate the trading of carbon credits. Each credit is equal to a tonne of carbon dioxide that has been reduced or removed from the atmosphere. They come from a wide range of sources: tree-planting schemes, forest protection and renewable energy projects are all common. …Where do they feature in the Paris Agreement? …Why are they so controversial? ….What are the risks if it goes badly?

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Flawed forestry data undermines effective policies

By Ulf Larsson, President and Chief Executive Officer, Svenska Cellulosa Aktiebolaget
EUobserver
November 6, 2024
Category: Carbon, Climate & Bioenergy
Region: International

The volume of growing trees in Swedish forests has doubled over the last hundred years. There is a continuous increase in living biomass, and the state of Swedish forests as a sink for carbon has never been more important. The same goes for the use of wood-based products in displacing emission-intensive materials like concrete, plastic, and steel. The significance of timber and wood in the green transition of Europe is immense. And the potential is even bigger. This might come as a surprise for many following the debate in recent years. We have constantly been alerted about a state of emergency, where alleged aggressive forestry practises supposedly have led to massive deforestation and forest degradation in Europe in general and in the Nordics in particular. But the claim that there has been an abrupt increase in harvesting is not correct.

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